$SOL

Price Action: What Traders Should Watch in the Coming Days

The SOL trading pair continues to gain momentum as Solana remains one of the most talked-about Layer 1 blockchains in the market. With its blazing-fast transaction speeds and low fees, Solana has built a strong DeFi and NFT ecosystem, fueling demand for $SOL even during uncertain market conditions.

Recently, SOL has been testing key resistance levels, hovering around the $140-$150 zone. A breakout above this range could signal renewed bullish strength, potentially pushing the price toward the $170 mark. However, traders should be cautious of a rejection, as failure to hold support near $135 could lead to a short-term pullback.

Volume remains strong, and the RSI is entering an overbought zone—indicating either incoming consolidation or a possible reversal. For intraday traders on Binance, monitoring volume spikes and candle closes on the 4-hour chart could offer insight into SOL’s next move.

SOL’s performance also correlates with broader market sentiment, so keep an eye on Bitcoin and Ethereum trends for context. With growing developer activity and institutional interest, $SOL continues to be a coin to watch.

Are you bullish or bearish on #SOL? Drop your thoughts and trade ideas in the comments!