Solana ($SOL )is currently showing strong signs of bullish momentum. After consolidating for the past few days around the $170–$180 range, it has now broken above key resistance at $182 with increased volume. This breakout is supported by the broader market recovery and Solana’s increasing on-chain activity.
Short-Term Signal (Next 2–5 Hours):
If SOL$SOL holds above $182, we could see a move toward $188–$192 in the next few hours. Traders should watch for a retest of $182 as support — if it holds, it could be a good entry zone for short-term scalps. However, a drop below $180 could invalidate the bullish setup.
Why This Matters:
Solana$SOL continues to attract developers and DeFi projects due to its speed and scalability. Recent interest in Solana-based meme coins and NFTs is also contributing to the demand. This organic growth, paired with strong price structure, makes SOL a coin to watch closely.
Key Levels:
Support: $180
Resistance: $188, $192
RSI: Currently near 60, indicating more room to grow
Note: Always use proper risk management and set stop-losses when trading volatile assets like SOL.
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