Solana (SOL) Breaks Key Resistance โ Whatโs Next?** ๐
**SOL Price:** **$171.71** (Latest close)
๐ **Key Development:**
- On **May 8**, SOL **broke & closed above** the **$153 resistance**, confirming **bullish control**.
- The next target is **$180**, which may act as a **strong resistance** level.
๐ **Possible Scenarios:**
1๏ธโฃ **Bullish Continuation:**
- If SOL **pulls back from $180** but **holds $153** as support, it signals a **higher low formation**.
- This could fuel a **rally toward $200**! ๐ฏ
2๏ธโฃ **Bearish Invalidation:**
- If SOL **rejects sharply** and **drops below $140**, it indicates **profit booking** by traders.
- This would **weaken the bullish structure** in the near term.
๐ **Chart Reference:** *SOL/USDT Daily Chart (Source: Cointelegraph/TradingView)*
**Stay tuned for updates!** Will SOL hit $200 or face a correction? ๐ค #tradingStrategy