Solana (SOL) Price Prediction: SOL/USDT Aims Toward the $180 Mark

The Solana market has experienced a significant upside recovery over an extended period, beginning with the last rebound off the support near the $130 price level. However, the bullish retracement gained notable momentum after price action broke above the $150 resistance level. Let’s take a closer look at the market dynamics.

Solana (SOL) Price Prediction: SOL/USDT Long-Term Trend—Bullish (Daily Chart)

Key Price Levels:

Resistance: $180.00, $200.00, $220.00

Support: $160.00, $140.00, $130.00

Price activity on Solana’s daily chart is currently hugging the uppermost band of the Bollinger Bands (BB) indicator. The most recent candle, corresponding to the ongoing session, is green and clings to the upper limit of the BB indicator.

*Not a financial advice For info only.