Solana's market activity has increased due to buying pressure, leading to a price surge and breaking through a crucial resistance level at $242.50. The asset's trading volume has also significantly increased, reaching $6.33 billion. The positive price movement indicates the potential for further upward movement, with the next resistance at $250. However, there are indicators suggesting a possible consolidation or temporary pullback, such as the overbought area on the Bollinger Bands. The Moving Average Convergence Divergence (MACD) indicator shows a bullish trend, but the negative histogram position indicates uncertainty for sustained bullish continuation. To succeed in the upward movement, Solana needs to remain above $242.50 and break through $244.45 with strong trading volume. If it fails to hold its current position, the price may move towards $234 or even the lower Bollinger Band at $223. At the time of writing, Solana is trading at $244.17, reflecting a 6.51% daily gain.



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