Solana (SOL) is currently trading at $87.11, reflecting a modest 24-hour change of 0.0797%. The daily price range has been relatively tight, with a high of $88.27 and a low of $82.99, resulting in a daily range of 5.28%.

Volume stands at approximately $4.41 billion, equating to a 8.94% ratio of volume to market cap, indicating active trading activity. The moving averages show mixed signals, with the 8 SMA at $87.05 slightly above the current price, while the 144 SMA at $87.62 is indicating bearish momentum with a -0.58% change.

The one-hour RSI is at 70, suggesting that SOL is currently in overbought territory, which could trigger a pullback in the short term. In contrast, the 7-day RSI at 45 signals a neutral stance, while the recent price changes of -16.16%, -29.71%, and -36.03% over 7, 14, and 30 days respectively indicate significant downward pressure over the past month.

The all-time high of $293.31, achieved in January 2025, provides a long-term price target, but current performance suggests a significant deviation from that level. Given the bearish short-term indicators, particularly the high RSI and recent price declines, there appears to be resistance at the current price levels.

Based on this analysis, the recommendation is to Hold. While the current trading volume suggests interest, the negative price trends and overbought conditions warrant caution for new entries. Existing holders may benefit from monitoring for potential recovery signs before making further decisions.