Solana (SOL) Hits $159.84 with a 2.57% Gain – Ready for Another Rally? ⚡$SOL
Solana is showing renewed strength, currently trading at $159.84 after gaining 2.57% in the last 24 hours. Bulls are gaining momentum, and if SOL breaks the key resistance at $164, it could trigger a fresh upward surge.
📈 Market Overview:
Current Price: $159.84
24h Change: +2.57%
Volume: Increasing, signaling growing confidence
Support Level: $155, acting as a strong base
Resistance Level: $164, the critical breakout point
🎯 Price Targets on the Horizon:
Target 1: $165.50
Target 2: $172.00
Target 3: $179.00
💡 Trading Plan:
Entry Zone: $157–$160
Stop-Loss: Below $153.80
Confirmation: Look for a strong candle above $164 with high volume for breakout validation
🚀 Why Watch SOL Now?
With rising volume and a resilient trend, Solana is gearing up for a potential rally. The market is closely watching if SOL can overcome the $164 resistance to push higher.
📊 Recent Insights:
Solana bounced back from a dip near $153 and is now testing resistance zones.
On-chain activity is at record highs, with increasing wallet addresses and transaction throughput.
Technical indicators suggest a bullish setup if key levels hold, but caution remains as $150 is a crucial support zone.
Stay tuned for potential fast moves in SOL price!