A break $SOL above $120 could open the door to $135, but π failure to hold above $123 might send the price back down to $105 or lower.
π Key bullish signals:
π Token velocity (speed of token movement) has hit a monthly high β a π₯ bullish indicator suggesting growing demand and increased activity.
However, RSI remains in bearish territory below 50, showing π limited buyer momentum for now.
πΌ 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%
π Despite macroeconomic pressure, Solana remains one of the most active blockchains, and π rising token velocity adds cautious optimism to the picture.
Keep an eye on the $120 level β it might be the πͺ gateway to the next big move.
