Mixed sentiment leads SOL cryptocurrency to trade sideways; establishes tight $20.21 to $20.35 range

SOL slides down from $20.35 to $20.26 today, losing $0.095 (0.46%).

Solana reversed direction at $20.27 support zone and climbed 1 cents above it. SOL's upper Bollinger Band® is at $22.58 and the lower is $19.61.

Despite muted price action in SOL, chart analysis indicates it is positioned for a bullish run in the short term.

While SOL is pretty flat so far today, mixed performances are seen elsewhere as FTX Token surges 9.54% to trade around $1.36. UNICORN Token USD is trading around $6.43 (down $0.197).

Over the past 11 months, Solana has retreated 61.42% from a noteworthy peak of $52.76. SOL is currently trading with a market cap of 8 billion with an average daily volume of 323.57 million.