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Solana Market Update Today: SOL/USDT is currently trading at $101.86 which is up +1.46% in the last 24 hours after making a strong bounce from the $99.00 support level.
During the day SOL made a high of $102.05 and a low of $99.78 with a huge trading volume of 1.82B USDT which shows buyers are very active in this coin.
The chart shows SOL is trading above its MA7, MA25 and MA99 levels and the green candles with increasing volume confirm bullish momentum for the short term.
The immediate resistance for SOL is at $102.06 and if this level breaks with volume then we can expect next targets at $104 and $108 in the coming days.
Despite some selling in BNB today, SOL is leading the recovery with +34.76% gain in the last 30 days and is now looking strong above the $100 psychological level.
Overall market sentiment for SOL is very bullish and traders are watching $99.78 as key support, so holding above this level can keep the uptrend alive.$SOL
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