Solana has been showing strong bullish momentum recently, catching the attention of traders across the board. 🤔 But let’s dig a bit deeper—what’s really going on under the hood?

SOL$SOL is currently trading around $181.30, hugging the upper Bollinger Band. This typically signals strong buying pressure and momentum. However, when prices stay near the top band for extended periods, it can also point to short-term overextension and a potential cooldown.

▪️ The Bollinger Bands have widened, indicating a spike in volatility—a classic sign of an aggressive move, but also one that could invite pullbacks or consolidations.

▪️ The MACD line is above the signal line, and the histogram remains in bullish territory. Momentum is clearly favoring the bulls, and there's no immediate sign of weakness in this indicator.

▪️ RSI sits at 73.12, officially in overbought territory (>70). While this doesn’t guarantee a reversal, it does suggest the rally might be overheating. Historically, this level often precedes some form of consolidation or profit-taking.

Overall, SOL$SOL is in a strong uptrend with confirmed bullish signals across MACD and price structure. However, overbought RSI and upper-band pressure point to a potential short-term correction or sideways movement before any further rally.

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