$SOL
Solana (SOL) is currently showing signs of short-term recovery after a prolonged downtrend. Based on the chart, price has rebounded from the recent support area near the low 120s and is now trading around the low-to-mid 140s, indicating renewed buying interest. The upward curl in short-term moving averages suggests improving momentum, although SOL remains below the longer-term moving average, which continues to act as a key resistance zone. Volume has stabilized, supporting the bounce, but a confirmed trend reversal would likely require a sustained break above major resistance levels. Overall, Solana appears cautiously bullish in the short term, while the medium-term outlook remains neutral until stronger confirmation emerges.
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