Solana had a steady climb today, holding above the $160 mark and inching closer to short-term resistance near $168. The price
action showed strength early in the session, bouncing from minor support with healthy momentum. Volume was moderate but steady, which shows buyers are still active — though not overly aggressive just yet.
From a chart perspective, $SOL is riding its short-term moving averages well, suggesting that bulls are still in control for now. As long as it stays above $162–$164 support, the trend remains favorable. However, a clear break above $168 with volume would give traders more confidence that another leg up is coming.
For now, the move feels like a calm, healthy step in a potential larger uptrend — not a breakout yet, but definitely not bearish either.
Disclaimer
This post is for informational purposes only and does not constitute financial advice. Always do your own research and consult a financial advisor before making any trading or investment decisions. Crypto markets are volatile and involve risk.