The recent jump in Solana (SOL) isn’t just random noise; it’s a well‑formed recovery driven by technical and market factors. After slipping to $129.80, aggressive buying resurfaced, lifting the price to over $135 and igniting a new bullish wave.
On the 15‑minute timeframe, SOL is trading above both the MA(7) and MA(25), indicating strong short‑term upward energy, while rising volume confirms the strength of the move. The 24‑hour peak of $136.35 shows the asset is testing breakout levels, with traders watching for a sustained push beyond this point.
The price action displays clean green candles and a tightening structure, reflecting growing confidence among investors. The key zone to watch is $136‑138, which will become the next decisive level: if bulls maintain control, SOL could surge further, validating the current momentum.
Overall, the market feels the thrill of a genuine recovery, and SOL appears set for an exciting next leg up.
