$SOL is currently trading around $132.78 and is showing early signs of a potential reversal. The price has crossed above both the 5-day and 10-day moving averages, which often signals a shift in short-term momentum.
The Relative Strength Index (RSI) is approaching the 50 level, indicating increasing bullish momentum. Additionally, the MACD has formed a bullish crossover below the zero line, which can be an early sign of a trend reversal.
Notably, trading volume spiked during the recent dip, suggesting strong buying interest at lower price levels and further supporting the potential for upward movement.
