🚀Solana's strong surge, 50% rebound starts a new journey!!!

Solana (SOL) price rebounded from the $100 demand zone, breaking through the descending wedge structure, soaring over 50% in just a few days, reaching a high of $152!

During this period, over $20 million in short positions were liquidated, further boosting the upward momentum.

🔹 Technical highlights:

SOL has confirmed a breakout from wedge resistance and successfully closed above the $147 neckline supported by a double bottom pattern.

The MACD indicator has crossed above the zero line, with buying momentum clearly returning.

Recent DeFiLlama data shows that the total value locked (TVL) on the Solana chain surged by $500 million within 48 hours, with decentralized exchange trading volume skyrocketing to $2.94 billion.

🧩 Meme sector assistance:

As the total market cap of meme coins within the Solana ecosystem surged by 23%, reaching $8.7 billion, tokens like BONK and WIF led the charge with gains exceeding 20%, further igniting market sentiment.

⚡ Despite the legal disputes surrounding Meteora DEX posing localized risks, the overall on-chain data and ecological prosperity are opening up broader upward space for SOL!

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