Currently, the price of Solana ($SOL ) is fluctuating around $133, with a trading volume in the past 24 hours reaching approximately $4.86 billion and a market capitalization of about $67.96 billion.

Technical analysis and market trends

Bullish candlestick pattern: On the weekly chart, SOL has formed a "bullish engulfing" candlestick pattern, indicating the potential for continued upward trend after the recent correction.

RSI indicator: The current RSI is near 35, suggesting that the market is in an oversold state, which could lead to a price recovery in the short term.

Resistance and support: SOL is facing strong resistance in the $135–$145 range. If it surpasses this level with high trading volume, it could confirm a new upward trend. Conversely, if it cannot hold the support level of $120, the price may decline further.

Future price prediction

Short term (end of April 2025): The price of SOL is predicted to rise to around $140–$144 if it surpasses the current resistance level.