$SOL Market Analysis:
Despite a minor temporary dip in the broader market, SOL is showing incredible structural resilience. The Alpenglow protocol upgrade news continues to drive long-term accumulation. Current price action shows SOL bouncing off its 50-day EMA, indicating strong buyer interest at lower levels.
Short-Term Prediction:
Data suggests a recovery toward the $150-160 range within the next 48 hours if the current support level at $135 remains defended by high-volume buy orders.
30-Day Historical Overview:
Solana has outperformed most Layer 1s over the last 30 days, maintaining a series of higher lows and reclaiming key psychological levels despite global market volatility.
Expected Market Outcome:
A return to its primary bullish trendline once the current short-term correction completes its ABC wave pattern.
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SOLUSDT
Perp
81.13
+2.05%