Solana price analysis (Bullish) — 187.31 USDT (+1.74% 24h)

SOL is showing impressive momentum, trading at $187.31 with a 1.74% gain over the past 24 hours. The current price sits comfortably above both the 20-day SMA ($182.87) and 50-day SMA ($185.63), indicating strong underlying bullish structure. However, caution is warranted as the RSI reading of 72.67 signals overbought conditions, suggesting potential for a near-term pullback. Trading volume remains robust at $678 million, supporting the current price action. The 4.53% volatility reading indicates moderate price swings are to be expected. For traders, consider taking partial profits near current levels while maintaining core positions. Look for support around the $182-184 zone for potential re-entry opportunities. Short-term traders might consider scaling back exposure until RSI cools below 70, while long-term holders should maintain positions with appropriate stop-losses around $178.