3 min readSOLANA (SOL/USD):
Solana has experienced an impressive surge over the past few weeks, steadily approaching a new all-time high. Currently, the token is trading at just over $244.65.
Analysing the technical indicators below, we can observe how the price responded after breaking through the previous internal high for the year. The breakout was decisive, followed by a retest of the level, after which the price continued its upward trajectory. Currently, the RSI is above the 70% threshold, indicating the asset may be overbought in the short term and suggesting potential for a temporary pullback.
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The financial products offered by the Company are complex and come with a high risk of losing money rapidly due to leverage. These products may not be suitable for all investors. Before engaging, you should consider whether you understand how these leveraged products work and whether you can afford the high risk of losing your money.
The Company does not accept clients from the Restricted Jurisdictions as indicated in our website/ T&C. Some services or products may not be available in your jurisdiction.
The applicable legal entity and its respective products and services depend on the client’s country of residence and the entity with which the client has established a contractual relationship during registration.
