Solana (SOL) is currently trading at $137.51, reflecting a 24-hour change of 1.74%. The asset has shown resilience with a daily range of 5.21%, indicating healthy volatility and investor interest, particularly given the substantial trading volume of $4.9 billion, which represents 6.32% of its market capitalization.

The short-term moving averages indicate a bullish sentiment; the 8 SMA is at $134.97 with a gain of 1.88%, while the longer-term 55 SMA is slightly less optimistic at $137.40 with only a 0.08% gain. The 1-hour RSI at 54 suggests that Solana is in neutral territory, providing potential for further upward momentum, while the 7-day RSI of 53 reinforces this view by indicating a stable buying interest over the past week.

Looking at the price changes over different periods, the 7-day and 14-day metrics are positive at 9.88% and 10.94%, respectively, suggesting a short-term bullish trend. However, the 30-day price change of -3.37% indicates some weakness in the longer timeframe, likely stemming from broader market conditions or sentiment shifts.

Given the current price relative to its all-time high of $293.31, there is significant room for growth. The key resistance level appears to be around the recent high of $138.59, while support can be identified near the low of $133.38, providing a defined trading range for short-term strategies.

In conclusion, the combination of positive short-term momentum, healthy trading volume, and relative strength indicators suggests a favorable outlook for Solana. Therefore, the recommendation is to Buy, as the asset shows potential for further gains while maintaining manageable risk levels within the established trading range.