SOL Chart Analysis - Eyes on Support! 🧐

Let's dive into the #$SOL chart:

Solana (SOL) is currently trading at $177.09, down 3.51% today. It hit a 24h high of $184.36 and a low of $173.36.

Key Data Points:

* Moving Averages: MA(7) at $177.02, MA(25) at $178.22, and MA(99) at $171.38. The price is hovering right around the short-term MAs.

* Volume: Current volume is 6,200.323, significantly lower than the MA(5) of 16,267.298 and MA(10) of 17,424.897, indicating decreasing trading activity.

What to Watch For:

* Can SOL hold above the MA(7) and MA(25) as support?

* A bounce from the recent low of $173.36 would be a positive sign.

* Keep an eye on volume for any significant changes.

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