Solana Holding a Key Short-Term Support
Taking a look at the 5-minute chart for Solana ($SOL ), we can see a clear ascending trendline forming.
So far, this line has been respected, with the price making a series of higher lows. As long as SOL stays above this support, the immediate bullish structure remains in play.
Will the bulls continue to defend this level and push for higher prices, or is a breakdown on the horizon? Watching this one closely!