Solana (SOL) performed outstandingly today, with the price reaching 194.98 USDT at one point, and a rise of 3.32% within 24 hours. This upward trend brings SOL close to the important psychological level of 195 USDT, attracting market follow.

From a technical perspective, SOL is currently at a critical position. The short-term moving averages exhibit a bullish arrangement, with the 7-day moving average (193.32) and the 25-day moving average (190.95) providing recent support. However, the 99-day moving average (193.39) is closely aligned with the current price, suggesting that the market may be facing a pivotal moment for directional choice.

It is worth noting that although the MACD indicator still shows bullish dominance, the momentum seems to have weakened. The DIF (1.35) is higher than the DEA (1.12), but the histogram is only 0.23, indicating that the upward momentum may not be sufficient to support further significant rises.

Another signal to be cautious of comes from the RSI indicator. The 6-day RSI reached 71.78, entering the overbought zone, which typically indicates that there may be a risk of a pullback in the short term.

In terms of liquidity, the trading volume of SOL reached 1,911,400 in the past 24 hours, with a transaction amount of approximately 366 million USDT, indicating an active market with sufficient liquidity.

Looking ahead to the market, SOL faces several key price levels:
1. Upper resistance: 195 USDT is the current primary resistance level. If it can be effectively broken through, SOL may attempt to rally towards the 200 USDT mark.
2. Support below: 193.30 USDT (the intersection of the 7-day moving average and the 99-day moving average) is the primary support, and if it breaks down, it may fall back to 190.95 USDT (25-day moving average).

Overall, SOL is currently in a high-level consolidation phase, and market participants should closely follow the breakthrough situation at the 195 USDT level. At the same time, considering the overbought signals, investors should also be wary of potential retracement risks. Whether SOL can break through the 195 USD mark in the coming days will be a key factor in determining the short-term trend.