$SOL
🚨 Solana Price Shows Bulls are in Control 🚨
The current Solana market data strengthens the technical analysis. When writing, the price of Solana was at $149.09 with a 0.17% increase in the past 24 hours. The 24-hour trading volume went up to $3.08 billion.
There was healthy market activity as confirmed by a volume to market cap ratio of 3.93%. It further confirmed the possibility of a future breakout.
Moreover, the uptick in volume coincided with the technical expectation that breakouts from cup and handle patterns need a lot of participation. Even so, Solana’s internal metric indicated that it had the structural hand to play when the $220 resistance couldn’t be held.
