🚀 $SOL Solana Explodes 12% — Is $200 the Next Target? 🔥
Solana $SOL just made a powerful 12% move this week, riding the broader crypto rally and now eyeing the key psychological level of $200. 📈💥
🔹 TVL (Total Value Locked) surged from $6B to over $9B.
🔹 Active wallets are now over 3.3 million — on-chain strength confirmed!
🔹 SOL is testing its equilibrium zone around $185, with $193 being the major resistance level to watch.
After weeks of trading in the $145–$175 range, recent moves signal a potential breakout. Volume profile shows strong support near $145, and thin liquidity above suggests faster price acceleration once resistance breaks. ⚡
On the macro side, the Federal Reserve’s pause and expected rate cuts (30–50 basis points by end of 2025) are fueling momentum for high-beta assets like SOL. 🏦📉
🕵️♂️ TA also reveals a long-term Cup & Handle pattern, putting Solana in a strong position to reclaim previous all-time highs — and possibly push beyond.
🎯 Key upside targets after $193:
$215
$250
$285
$330
$400+ (if momentum holds)
Analysts are turning bullish — the market is watching. Are you ready for Solana’s next breakout? 💎🚀
#Solana #SOL #CryptoNews #BinanceSquare #Altcoins #BullRun #TechnicalAnalysis
also check $ETH 😱