Solana Ecosystem Explodes: Why $SOL 's Resilience Points to Further Gains! 🚀
- RSI (14-day) at 68, approaching overbought territory, suggests strong momentum.
- $SOL is trading above its 50-day Moving Average of $23.00, confirming an uptrend.
- Volume shows a consistent 15% increase in weekly average, indicating sustained buyer interest.
🟢 Support/Entry Zone: $22.50
🔴 Target Resistance: $24.80 - $26.00
⚖️ Market Bias: Bullish
Sustained development and ecosystem growth point to long-term value appreciation for $SOL.
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