#CryptoToTheMoon
As of May 29, 2025, Solana (SOL) is trading at approximately $168.94, reflecting a 1.07% decline over the past 24 hours. With a market capitalization of around $87.88 billion, SOL ranks as the sixth-largest cryptocurrency by market cap.
The 24-hour trading volume stands at $3.35 billion, indicating active market participation. Technically, SOL is consolidating above the $170 support zone, with immediate resistance at $178.50. A breakout above this level could pave the way toward the $185–$190 range. Conversely, a drop below $167.50 may trigger a deeper retracement toward the $160 area.
The Relative Strength Index (RSI) on the 4-hour chart is at 62, approaching overbought territory but still allowing room for upward movement. The Moving Average Convergence Divergence (MACD) shows bullish momentum, with the MACD line crossing above the signal line.
Overall, SOL exhibits a bullish technical setup, with potential for further gains if it maintains support above key levels.
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