$SOL SOL on the Rise: A Fresh Bounce in the Crypto Market

Solana (SOL) is making waves again, climbing +6.68% in the last 24 hours to reach $148.39 against USDT. This bullish momentum comes after a dip to $138.43, with SOL peaking at $150.23 within the same day.

The 24-hour trading volume reflects strong interest, with 5.08M SOL traded—equivalent to over $733M USDT. Market indicators suggest growing confidence, with the 7-day and 30-day returns standing strong at +15.79% and +13.15% respectively.

Despite a broader bearish trend over the last 90 and 180 days, the current price surge is a promising signal for traders and investors. The Moving Average (MA60) line around $148.35 suggests the price is hovering near a key support level.

Conclusion: SOL’s recent spike hints at potential short-term opportunities. Traders may look to capitalize on the momentum, while long-term holders await confirmation of a larger trend reversal.

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