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SOLANA IS CLOSE TO BREAKING RESISTANCE – GOLDEN CROSS APPEARS
📌 SOL is trading around $172, close to the significant resistance zone at $178. If the break is successful, the next target could be $262 by the end of Q2 — equivalent to a potential increase of +51%.
📌 Notable technical signals:
- The EMA 50 line is about to cross the EMA 200 forming a Golden Cross, marking the end of a bearish cycle of more than 2 months.
- The MVRV index is at 1.3, below the overbought threshold of 1.8 → there is room for an increase, the short-term correction risk is low.
$SOL