Solana, a popular altcoin, has experienced a significant price increase with four consecutive green daily candlesticks, pushing its value up by more than 11% since May 19 to over $180. The coin has seen a 3% gain in the last 24 hours, indicating a potential upward trend. The long/short ratio for SOL has surpassed 1 for the first time since May 8, showing a shift towards bullish sentiment among futures traders. This optimism is further supported by SOL's Aroon Up Line at 100%, signaling a strong rally. Additionally, the rising Chaikin Money Flow suggests increasing demand for SOL. While a breach of resistance could push the price to $188.83, a downturn could lead to a drop to $171.88. It is important to note that this analysis is for informational purposes only and not financial advice. Read more AI-generated news on: https://app.chaingpt.org/news