A break $SOL above $120 could open the door to $135, but πŸ“‰ failure to hold above $123 might send the price back down to $105 or lower.


πŸ“Š Key bullish signals:


🌊 Token velocity (speed of token movement) has hit a monthly high β€” a πŸ”₯ bullish indicator suggesting growing demand and increased activity.


However, RSI remains in bearish territory below 50, showing πŸ“‰ limited buyer momentum for now.


πŸ’Ό Latest SOL stats:


Price: $109.42


Daily change: +2.72%


Market cap: $56.42B


24h volume: $6.2B (+11.97%)


FDV: $65.45B


Volume-to-market cap: 10.9%


πŸ“Œ Despite macroeconomic pressure, Solana remains one of the most active blockchains, and πŸ” rising token velocity adds cautious optimism to the picture.


Keep an eye on the $120 level β€” it might be the πŸšͺ gateway to the next big move.


#Solana

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April 10, 2025 at 4:18 PM
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