🚀 Solana Analyst Predicts $300 Surge — Can Bulls Keep the Fire Alive?

After many days of tries, Solana (SOL) has failed to regain $160. With market momentum fading and volatility rising, investors are concerned. Bitcoin and Ethereum, usually leading indicators, are exhausted and unable to breach their recent highs. This raises fears about a wider market retreat.

Not all analysts are downbeat. If the crypto market recovers, Kaleo, a prominent trader, believes Solana is one of the most promising altcoins. If momentum returns and the market heats up in the next months, Kaleo expects SOL to appreciate rapidly and hit $300, roughly doubling its present price. However, this situation would likely demand more digital asset risk-taking and involvement.

SOL trades in a narrow range, depending on Bitcoin and Ethereum. Solana may breakout if leading assets stabilize and bulls return. Since uncertainty impacts on mood, additional decline is possible.

Kaleo is confident on SOL's long-term future despite the uncertainties. According to his study, Solana might enter price discovery around $300, a historical resistance level.

A breakthrough would confirm Solana's foundations and ecology and restore cryptocurrency trust. In the meantime, patience and smart placement are essential.

Solana (SOL) is at $157.46 after rebounding from $154 lows, indicating stability. The 34-day EMA at $162 has been a dynamic barrier in recent sessions. SOL stays below its 200-day SMA at $178.88, indicating pressure on the trend. Bulls need to recover that level to build confidence.

A lack of conviction from either side is shown by low volume. SOL might retest $180 if it breaks over $162–$165. If the 34-day EMA fails to break above, another leg down into the 100-day SMA support at $144 may follow.

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