Solana (SOL) shows growth ahead of the FOMC meeting, increasing by 2% over the last day. On-chain data indicates a rise in interest for long positions, suggesting heightened trader optimism for SOL's price increase. The ratio of long to short futures positions has reached a monthly high of 1.04, confirming the bullish market sentiment. The current RSI (57.54) indicates a strengthening bullish trend but has not yet reached overbought levels. The price of SOL is balancing at the support level of $142.59; under favorable conditions, there is a chance for further rally to the mark of $171.88. However, if bearish sentiment strengthens after the FOMC, the price may drop below support and decline to $120.81. Overall, the market remains active and awaits news from the meeting, which could act as a catalyst for further SOL movements.$SOL$BNB$XRP
