Solana (SOL) is currently trading at $89.24, reflecting a notable 11.32% increase over the past 24 hours. The daily range indicates significant volatility, with a high of $89.40 and a low of $70.61, leading to a daily price fluctuation of 18.79%.

Trading volume stands at approximately $12.91 billion, constituting 25.53% of the market cap, which suggests a strong interest from traders. The moving averages indicate mixed short-term momentum, with the 8 SMA and 13 SMA showing upward trends while the 144 SMA indicates a bearish sentiment as it sits significantly below the current price at $96.30.

The 1-hour RSI is at 87, indicating an overbought condition in the short term, while the 7-day RSI at 45 suggests a neutral trend over the past week. Notably, the price has decreased by 23.79% over the last seven days and 29.99% over the past 14 days, highlighting a broader bearish trend despite the recent daily uptick.

Given the current overbought status reflected by the 1-hour RSI and the ongoing downtrend in the longer time frames, caution is advised. Although the recent daily surge is promising, the overall bearish sentiment and technical indicators suggest that the price may correct in the near term.

In conclusion, the current analysis leads to a Sell rating for Solana (SOL). The recent price rally may lead to profit-taking as traders respond to overbought conditions, and the longer-term bearish price trends warrant a more conservative approach.