Further strengthening the outlook, the Relative Strength Index (RSI) is trending upward. This indicator points toward growing market confidence, as traders continue to lean toward accumulation rather than distribution, reinforcing the bullish tone in SOL’s price action.
Adding to the confluence, the MACD has recorded a bullish crossover, with the MACD line moving above the signal line, supporting the bullish sentiment. Combined with the alignment of moving averages and supportive RSI trends, the overall setup suggests that Solana is well-positioned to sustain its rally if buyers maintain their presence in the market.
