SOL - Current Market Outlook 🌞

Solana shows an upward trend, trading close to $176.

The increase in adoption and activity in the derivatives market has driven its price, with analysts projecting a possible target of $261 in the short term.

Technical indicators suggest a possible consolidation before a new bullish push. It is important to monitor resistance levels at $185 and support at $170 to anticipate future movements.

Projection: A sustained advance above $185 could lead SOL towards $200.

Conversely, a drop below $170 could trigger a correction towards $160.

$SOL