Solana (SOL) Price: Will Cup-and-Handle Pattern Drive Push to $180?
Solana defends the $145 support level while celebrating a major network milestone. The cryptocurrency is demonstrating mixed signals that have traders closely watching its next move, which could determine whether SOL heads toward $180 or falls back to lower support levels.
The price has been fluctuating near the psychological $145 mark as it struggles to maintain bullish momentum. After recovering from lows near $95, SOL reached a high of $157 but has since had difficulty sustaining levels above $150.
This has led to a consolidation phase with SOL trading between key support at $145 and resistance at $155.