Solana (SOL) is currently trading at $130.01, reflecting a 24-hour price change of 1.45%. The daily range has been relatively tight, with a high of $131.31 and a low of $125.71, showcasing volatility of 5.6% within the last day.

Volume stands at approximately $5.55 billion, equating to 7.53% of the market cap, which indicates robust trading activity. The short-term moving averages reveal mixed signals, with the 8 SMA showing a slight decrease of 0.06%, while the 13 and 21 SMAs are trending positively at +0.41% and +0.87%, respectively, indicating some upward momentum.

The current 1-hour RSI is at 49, suggesting a neutral position, while the 7-day RSI at 41 indicates that the asset is nearing oversold conditions. Over the past week, SOL has experienced a significant decline of approximately 9.82%, and the 14-day price change reflects a smaller decrease of 4.72%, illustrating a downward trend in the short term.

In terms of longer-term performance, the 30-day price change is slightly positive at +4.01%, indicating some resilience in the mid-term despite recent pressures. The current price is significantly below the all-time high of $293.31 reached on January 19, 2025, which further emphasizes potential upside if market conditions improve.

Given the mixed signals from technical indicators and the recent downtrend in the short term, the recommendation is to Hold. The current price levels present some support, but without a clear bullish reversal pattern or significant volume increase, a cautious approach is warranted until further bullish signals emerge.