SOLANA MARKET UPDATE: SOL HOLDS NEAR $118.91 AS PRICE STABILIZES
Solana is trading around $118.91 on Binance, up approximately 0.14% over the past 24 hours. SOL opened near $118.75 and is currently holding slightly above the daily opening price, showing signs of short term stabilization.
SOL reached a 24 hour high of $121.69 and a low of $116.32. The current price remains inside the middle portion of the range, with $116.32 acting as the immediate downside level to watch.
Trading activity remains strong, with approximately 2.43 million SOL traded over the past 24 hours. Binance recorded more than $289.4 million in total turnover, reflecting substantial participation around the current price.
The first resistance area is around $120, followed by the $121.69 daily high. A sustained move above $121.69 could strengthen the recovery structure. On the downside, $116.32 remains the key support area if selling pressure returns.
For now, SOL is holding above its daily open while buyers attempt to build momentum toward the upper part of the current range.
$SOL
#BitwiseLaunchesFirstSpotNEARETF #EarningsSeason
Solana is trading around $118.91 on Binance, up approximately 0.14% over the past 24 hours. SOL opened near $118.75 and is currently holding slightly above the daily opening price, showing signs of short term stabilization.
SOL reached a 24 hour high of $121.69 and a low of $116.32. The current price remains inside the middle portion of the range, with $116.32 acting as the immediate downside level to watch.
Trading activity remains strong, with approximately 2.43 million SOL traded over the past 24 hours. Binance recorded more than $289.4 million in total turnover, reflecting substantial participation around the current price.
The first resistance area is around $120, followed by the $121.69 daily high. A sustained move above $121.69 could strengthen the recovery structure. On the downside, $116.32 remains the key support area if selling pressure returns.
For now, SOL is holding above its daily open while buyers attempt to build momentum toward the upper part of the current range.
$SOL
#BitwiseLaunchesFirstSpotNEARETF #EarningsSeason