Popcat Sol Token Overview: What It Is and How It Works

Solana found support at $83.50 and corrected some losses. SOL price is now consolidating below $88.50 and might struggle to continue higher. SOL price started a decent recovery wave above $85 and $86 against the US Dollar. The price is now trading above $86 and the 100-hourly simple moving average. There is a rising channel forming with resistance at $88.50 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could continue to move up if it clears $88.50 and $90.00. Solana Price Starts Recovery Solana price remained stable and started a decent recovery wave from $83.50, like Bitcoin and Ethereum. SOL was able to climb above the $85 level. There was a move above the 38.2% Fib retracement level of the downward move from the $93.63 swing high to the $83.35 low. However, the bears remained active below $88. There is also a rising channel forming with resistance at $88.50 on the hourly chart of the SOL/USD pair. Solana is now trading above $86 and the 100-hourly simp

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