Solana’s Bullish Momentum Persists: On-Balance Volume Signals Strength

Solana (SOL) maintains a bullish trend despite market volatility, with analysts pointing to strong signals in both price action and technical indicators. Notably, the On-Balance Volume (OBV) line has been steadily increasing, offering an early sign of accumulation. This upward trend could indicate potential breakout strength. Traders are optimistic, especially if a significant OBV spike occurs, which would act as confirmation for the current bullish structure. A key support level (marked in red) provides clarity and allows traders to place tight stop losses. As long as SOL holds above this support zone, the bullish outlook remains intact. A break below this level would signal a shift in the trend.