According to CoinStats, buyers are stronger than sellers in the current market. The price of Solana (SOL) has increased by 1.77% in the last 24 hours. On the hourly chart, SOL is approaching a local resistance level of $127.03, and if it closes near or above that level, further growth towards the $130 area can be expected. In the midterm, there is no clear dominance by either bulls or bears, indicating a likelihood of sideways trading at current prices. However, the price of SOL recently experienced a false breakout of the $116 level, and if the weekly bar closes far from that mark, there is a possibility of testing the $140 range by the end of the month. At present, SOL is trading at $126.46.



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