๐ Solana$SOL Dip Almost Over? Analysts Predict $130 Test Before Big Rally! ๐
Solana $SOL dipped 10% this week amid market volatility, but analysts think the correction could end soon! However, they warn SOL might drop below a key support level first.
๐ Key Levels to Watch
- SOL recently fell 15% from its monthly high after failing to break $168 resistance.
- Itโs now hovering around $140โ$145, stuck in a $145โ$180 range since May.
- Analysts say $145 is crucial support. If it holds, SOL could rally!
๐ข Bullish Outlook: Big Gains Ahead?
- Lluciano notes SOL broke a long downtrend in March and retested $100-$120 support before surging. Now, a "falling wedge" pattern hints at a breakout!
โ Targets: $187 (May high), then $240! ๐
- Rose adds SOL is holding above $145 and its 50-day moving average. A breakout could send it to $165, $183, or even $220!
๐ด Short-Term Caution: One More Dip?
- Crypto Bullet expects $SOL to drop to $125-$130 to "complete the correction" before surging past $200 toward $220-$250.
- Altcoin Sherpa warns SOL may not outperform Bitcoin long-term (though it could still climb in USD value). Against BTC, it might keep struggling.
๐ก The Bottom Line
SOL trades at $145 (down 12% this month). While a bounce to $240+ is possible, a quick dip to $130 could come first! Watch the $145 support closely.
Always do your own research! ๐