$SOL
🚨 Solana Golden Cross Alert: Key Signals Suggest Potential Rally 🚨
Currently trading at $172, Solana has pulled back from recent highs near $200. Despite a nearly 10% drop, experts remain optimistic based on important technical indicators and exchange data.
A major sign is the decrease in Solana’s exchange balance, which fell from 33.06 million to 30.78 million tokens. This 10% drop in tokens available for quick selling often points to a possible price rebound.
Additionally, Solana is nearing a golden cross formation as the 100-day EMA moves toward crossing above the 200-day EMA—a well-known bullish signal that typically marks the start of an upward trend. If Solana holds this momentum and breaks resistance, it could rise to $250.
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