Solana (SOL) recently hit an all-time high with the excitement around TRUMP's coin launch. Technical indicators show bullish trends with potential weakening momentum. The Ichimoku Cloud indicates short-term bearish signals, though the long-term outlook remains stable. SOL needs to align with key levels to sustain strength or face bearish trends.
BBTrend, a volatility measure, shows sustained bullish momentum despite slight declines. Recent trends suggest consolidation may be imminent. Traders eye SOL's potential to challenge the $300 mark, dependent on overcoming barriers at $223 and $211. Further bullish momentum could see SOL testing new resistance levels above $280 and $294.