Solana ($SOL ) is a candidate for strong breakout in the coming days with positive movements from whales according to the latest analyses. The current price is $182.95 with a rise of 6.84% over the past 24 hours, indicating strong and sustained momentum.
🎯 Key Entry Points:
Buy at $175-178 (strong support area)
Strengthen position at $170 if it reaches there
Use staggered buy orders between $168-$175
🏁 Target Exit Points:
First target: $190-195 (quick profit 5%)
Second target: $205-210 (strong resistance level)
Long-term target: $240 (analysts' forecast for 2025)
⚠️ Stop Loss:
Set the stop loss at $160 to protect capital
💡 Supporting Fundamentals:
Increasing adoption of the Solana platform for decentralized applications
Improvement in network performance and transaction speed
Positive whale movements over the past two weeks
The current momentum is supported by technical developments and positive technical indicators suggesting an imminent breakout above $200. Monitor trading volume and take advantage of market fluctuations to enter at favorable prices.
