#SOL
Sol is currently experiencing short term bearish pressure, with its price at 164.55, reflecting an approximate 3.77% decrease in 24 hours alongside significant net money outflows.
despite recent price weakness, strong institutional interest persists for SOL, highlighted by multiple Solana spot ETF filings and a $500 million credit line secured for token acquisition.
Technical indicators suggest a potential short term rebound, as the MACD shows a bullish crossover and RSI recovers from oversold levels, through the overall price trend remains below key exponential moving averages.