$SOL
đ Market Overview
Current Price: ~$148 USD
24h Change: +0.94%
Market Cap: ~$75.88 billion
24h Trading Volume: ~$1.49 billion
Circulating Supply: ~518 million SOL
Solana is currently trading around the $145â$150 range, maintaining a critical support level. This stability follows a recent milestone of 400 billion transactions on the network, highlighting its growing adoption.
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đ Technical Outlook
Key Resistance: $150â$155
Support Zone: $140â$145
Bullish Scenario: Clearing the $155 resistance could pave the way for targets at $180, $300, or even $900 in the long term.
Bearish Scenario: A drop below $140 may indicate a deeper correction.
Analysts suggest that surpassing the $155 resistance is crucial for a sustained upward movement. However, failure to hold the $140 support could lead to further declines.
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đ§ Strategic Takeaway
Solana's current price action indicates a consolidation phase. Traders and investors should monitor the $140â$155 range closely for potential breakout or breakdown scenarios
