Solana (SOL) Recent price movement is attracting attention. Currently, the SOL price is close to the upper band of the Bollinger Bands around 175.68 USD, but the breakthrough momentum is insufficient. From a technical perspective, the rise in momentum of the MACD golden cross pattern seems difficult to sustain, and the Trading Volume is not enough to support further rise.

If SOL cannot break through the current resistance level, it may fall back to the previous low near $160.48. Investors can follow the price movement in the range of $175.8-$178.8, and if a pullback occurs, the support targets may be at $166 and $154.

It is worth noting that market trends are changing rapidly, and investors should defend themselves based on their own risk tolerance and position management strategies. In the current market environment, it is particularly important to maintain a cautious and flexible trading strategy.

The cryptocurrency market has always been highly volatile, and the future price movement of SOL needs to take into account more factors, including overall market sentiment, project development progress, and the macroeconomic environment. Investors should conduct comprehensive analysis and evaluation when making decisions.