Solana (SOL) is currently priced at $86.63, reflecting a slight 24-hour decline of 0.71%. The daily trading range has been relatively tight, with a high of $88.59 and a low of $86.20, suggesting a lack of significant volatility in the short term.

The volume stands at approximately $3.32 billion, translating to a Vol/Market Cap ratio of 6.75%, indicating a healthy trading activity compared to its market capitalization. However, the recent price trends show a concerning downward momentum, with a 7-day price change of -14.06% and a more significant 30-day decline of -36.23%.

From a technical perspective, the short-term moving averages (8, 13, and 21 SMA) are all below the current price, indicating bearish sentiment as they have been declining. The 144 SMA at $90.31 suggests potential resistance at higher levels, while the RSI readings of 45 (1-hour) and 43 (7-day) indicate a neutral to slightly oversold condition.

Given the overall negative price trajectory, combined with low RSI values and resistance from the longer-term moving average, the outlook remains bearish. The absence of a strong rebound signal suggests that the market is still adjusting to previous highs.

In conclusion, the current technical indicators and price movements point towards continued pressure on Solana's price. Therefore, I recommend a Sell rating, as there is limited upside potential in the near term, and further declines may be anticipated.