The current Solana ( SOL ) hourly chart shows a typical consolidation pattern. The price fluctuation exhibits a slow upward trend, indicating that buying power is continuously accumulating. From a technical analysis perspective, the MACD indicator fluctuates around the zero line and tends to stabilize, reflecting that the forces of both bulls and bears are in a relatively balanced state; meanwhile, the KDJ three lines are gradually converging, which usually means that market uncertainty is decreasing and the market may soon establish a new direction.
Currently, the trading price of SOL remains above $140, with a breakthrough opportunity in the range of $145 to $150. The technical formation supports the possibility of continuing the upward momentum. Given the current cryptocurrency market environment and macro factors, this price range warrants attention.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
The current Solana ( SOL ) hourly chart shows a typical consolidation pattern. The price fluctuation exhibits a slow upward trend, indicating that buying power is continuously accumulating. From a technical analysis perspective, the MACD indicator fluctuates around the zero line and tends to stabilize, reflecting that the forces of both bulls and bears are in a relatively balanced state; meanwhile, the KDJ three lines are gradually converging, which usually means that market uncertainty is decreasing and the market may soon establish a new direction.
Currently, the trading price of SOL remains above $140, with a breakthrough opportunity in the range of $145 to $150. The technical formation supports the possibility of continuing the upward momentum. Given the current cryptocurrency market environment and macro factors, this price range warrants attention.