Solana (SOL) is currently priced at $137.13, reflecting a 24-hour decline of 3.21%. The daily trading range has been relatively narrow, with a high of $143.08 and a low of $137.25, indicating a volatility of 5.83% within the last day.

Volume stands at approximately $5.20 billion, equating to 6.76% of the market cap, suggesting healthy trading activity despite the recent price dip. The short-term moving averages reveal a bearish trend, with the 8 SMA at $140.46 and the 13 SMA at $140.35 showing declines of 2.37% and 2.30%, respectively.

The hourly RSI is currently at 32, indicating that SOL may be oversold in the short term. Conversely, the 7-day RSI at 55 suggests a neutral sentiment, while the 7-day price change is positive at 5.85%, reflecting some bullish momentum over the week.

However, the 14-day price change shows a decline of 4.41%, and the 30-day change is significantly negative at 29.77%, suggesting a broader bearish trend. The all-time high of $293.31 achieved on January 19, 2025, emphasizes the potential for recovery, but the current price level indicates substantial downward pressure.

In conclusion, despite some signs of short-term oversold conditions, the overall trend remains bearish with declining short-term moving averages and negative longer-term price changes. Therefore, the recommendation for Solana (SOL) is to Hold, as the current price may stabilize before making a decisive move either upward or downward.