SOL - Detailed Technical Analysis
Solana (SOL) is currently trading around $176, after reaching an intraday high of $184.
The asset has shown consistent growth, supported by an increase in active users and activity in the derivatives market.
The RSI indicates a possible overbought condition, which could lead to a consolidation or correction in the short term. However, the formation of a "double bottom" pattern suggests a possible bullish continuation.
Prediction: If SOL surpasses $185, it could head towards $200. In case of a correction, support levels are at $170 and $160.
