Solana (SOL) is currently trading at $199.52, holding support at $199.74 and encountering resistance at $204.79. The cryptocurrency is moving within a defined upward channel, characterized by low volatility and stable technical indicators such as RSI and MACD. On the weekly chart, a significant resistance level is noted at $250, with Solana maintaining higher lows, indicating a sustained uptrend. Market activity remains stable, with no major deviations from existing patterns.
Solana Trades Steadily Between $199.74 Support and $204.79 Resistance
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