$SOL ๐น Technical Indicators (Hypothetical)
Indicator Status
RSI 70+ (strong but watch for overbought)
MACD Bullish crossover
Volume High buying volume
Trendline Broke resistance at ~$145
Support Now possibly at $140
Regulatory uncertainty: SOL was once named a potential security in SEC lawsuits.
Network reliability: Any outage could shake investor confidence again.
Overbought conditions: Fast rallies can lead to short-term corrections.