Solana Surges Above $125 as Bulls Return to Market

Solana (SOL) is currently trading above $125, showing signs of recovery after a recent 47% decline. Key points include:

Bulls have reclaimed critical technical levels, leading to a bounce from a low of $95.
The price has surged over 40% since last Monday, generating renewed bullish sentiment.
Market analysts suggest this move could signal the start of a broader recovery phase for SOL.
The surge coincided with U.S. trade policy announcements that boosted risk assets.
Technical indicators show SOL has broken above the 4-hour 200 Moving Average and Exponential Moving Average.

For continued upward momentum, SOL must hold above the $125 level and aim for resistance around $146. Failure to maintain this position could lead to a drop back to the $100 demand zone. Market volatility remains high due to macroeconomic tensions, making ongoing monitoring essential.

Solana pushes above $125 resistance

SOL trading above 4-hour 200 MA & EMA