Solana price analysis (Neutral) — 157.89 USDT (-0.48% 24h)

SOL is currently trading at $157.89, showing modest consolidation after recent volatility. The -0.48% 24-hour decline suggests temporary profit-taking rather than significant bearish momentum. With price hovering just above the 20-day SMA at $156.92 but below the 50-day SMA at $163.40, SOL appears to be testing key support levels. The RSI reading of 54.77 indicates neutral momentum, neither overbought nor oversold, providing room for movement in either direction. The substantial $1.29 billion 24-hour trading volume confirms healthy market participation, while 5.15% volatility suggests moderate price swings are expected. Traders should watch the $156-158 range closely – a sustained break above $160 could signal renewed bullish momentum toward $165 resistance, while failure to hold $155 might trigger a test of $150 support. Consider scaling into positions with tight stops given the current technical indecision.