The Solana market has started to 'jump side to side' again~📉📈 It has risen by 16.63% in the past month, but still dropped by 21.98% in the last six months. This short-term recovery looks a lot like a 'flash in the pan'?🤔 However, don’t be too quick to be pessimistic. The current price is fluctuating in the range of 131 to 173 dollars, with support at 107.89 dollars and resistance aiming for 191.79 dollars🚧.
In terms of technical indicators, RSI is at 54.65, indicating a lukewarm market; momentum is slightly negative (-15.17), with bulls and bears in a standoff⚔️. There is currently no clear direction. For those looking to get in, it’s advisable not to act impulsively. It’s best to wait for confirmation of the support level before considering entry✅, or simply keep an eye on the resistance level to see if it breaks through💥.
In summary: Solana is 'cultivating in the market', patiently wait for it to unleash its power~⚡🐉#solana