Solana is still Bullish on a higher timeframe

Despite falling more than 12% after December 16, Solana is still Bullish on the Daily timeframe.

Solana price today is $190.51 USD with a 24-hour trading volume of $2,004,560,718 USD. Solana is up 5.26% in the last 24 hours, with a market cap of $58,765,399,410 USD. It has a circulating supply of 308,469,644 SOL coins.

Solana is still Bullish: Analysis 

Starting from December 13 from the price level of $147, Solana has been making higher highs. This uprise seems pretty smooth and now approaching the corners where it has to break out either side. Solana is standing right above the support. After Solana breaks above the resistance of December 13 at $147, we can open a long position.