The price of Solana dropped 4.2% this week despite a 19.4% increase in trading volume over the last 24 hours.
Critical resistance level: $170, breaking it could push the price towards 350$ then 900$ later.
Support level: 143$ (moving average) and 133$ (static).
Mixed technical signals: A crossover of moving averages may support the rise, but RSI and MACD indicators show temporary weakness.
SOLX token: A second-layer project on Solana, raised $34 million, and its current price is $0.001714.
Conclusion: Solana has a strong upward opportunity provided it surpasses $170, while SOLX represents an early investment opportunity.
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