Solana (SOL) has demonstrated a notable price increase, as indicated by recent 4-hour K-line data. The cryptocurrency has recovered from its previous low on November 16 and surpassed the high recorded on November 17. The latest K-line is bullish, closing higher than it opened, although trading volume has decreased, suggesting a potential weakening in upward momentum.
Technical indicators remain positive, with MACD bars growing and KDJ showing oversold conditions at 16, pointing to a bullish market. BOSS Wallet highlights key trading levels, recommending buy positions at $136.83 and $136.0, and sell positions at $156.3 and $144.0. Stop-loss levels are advised at $136.15 and $157.08, respectively.
Solana (SOL) Shows Bullish Momentum Despite Decreasing Volume
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