Is SOL about to break through its previous high? But the issue of technical stability remains.

Today, SOL rebounded after dropping to a low, with a slight increase. The trading volume is less than the average of the past five days, and the bullish and bearish forces are relatively balanced.

MACD shows that the bulls have a slight advantage, but it is crucial to see if it can break through the pressure of the previous high. If it breaks through, it could rise further; if it doesn’t, we’ll have to see if the support below holds steady.

Recently, Solana has made significant moves in ecological cooperation and technical upgrades, which is beneficial in the long run, but the past issues with technical stability still need to be monitored.

The current market sentiment is quite complex; there is optimism about its technical potential and ecological development, but concerns about risks remain, and there is still room for a short-term increase.