$SOL #SOLStandsStrong SOL/USDT chart data, here's a technical analysis:
Price Action and Trend
· Current price: $83.24, up +1.76% on the day.
· Price is trading above the middle Bollinger Band ($81.71) and near the upper band ($83.56), indicating bullish momentum with a slight overbought condition.
· The SAR (Stop and Reverse) is at $82.01, below the current price, confirming an uptrend as it acts as support.
Bollinger Bands (20,2)
· Upper Band: $83.56 | Middle: $81.71 | Lower: $79.86
· Price is hugging the upper band, suggesting strong buying pressure but also potential for a pullback if res