Despite some bullishness, market is still far from full recovery
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Based on the chart, SOL's current price is just above its 50-day moving average at $167. This level has been a major source of support in the last few weeks, stopping further declines and acting as a foundation for future upward movements. Slightly below at $152, the 100-day EMA provides more support should the price drop even further.is not in overbought territory, as indicated by the Relative Strength Index , which is circling around 58.
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