#SOL/USDT #SolanaStrong $SOL
Solana (SOL) is currently trading at $171.48-$172.85, with a 2.11%-2.35% increase in the last 24 hours. The 24-hour trading volume is around $3.75 billion, and the market capitalization stands at approximately $89.26 billion, ranking #6.
*Key Statistics:*
- *Current Price*: $171.48-$172.85
- *24-hour Range*: $169.11-$175.26
- *Market Capitalization*: $89.26 billion
- *24-hour Trading Volume*: $3.75 billion
- *Circulating Supply*: 520.52 million $SOL
- *Total Supply*: 601.82 million SOL
*Technical Analysis:*
The technical indicators are suggesting a buy signal, with the 1-week rating also showing a buy signal. Some traders are monitoring the $166 zone for a potential buying opportunity, while others are watching for a breakout above the $172.6 level ¹ ².
*Resistance and Support Levels:*
- *Local Resistance*: $184.84 (PWH)
- *Support Level*: $166 (trend line)
- *Take Profit*: $181.15
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Keep in mind that cryptocurrency markets are highly volatile, and prices can fluctuate rapidly. These updates are based on real-time data and may change quickly.l