Solana (SOL) is currently trading near its $126.52 support level, showing signs of a bullish divergence despite a 9.8% weekly decline. The cryptocurrency's BTC pair has gained 2.0%, indicating a contrasting short-term momentum. Key levels to watch include the $143.48 resistance, as the market remains in a tightening range.
The Relative Strength Index (RSI) suggests a divergence, with momentum turning upward even as prices hit lower lows. This divergence provides context for Solana's current stabilization near its support level, highlighting potential for future price movements.
Solana Stabilizes Near $126.52 Amid Bullish Divergence
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