Solana (SOL) has recently shown impressive strength, breaking through key resistance levels and fueling optimism about a potential new rally. The current price action suggests that Solana may be gearing up for a significant upward move, targeting the $262 region.
📈 Technical Overview:
SOL has reclaimed the critical $185–$190 resistance zone, which previously acted as a strong barrier.
If this level is successfully retested as support, it could provide the momentum needed to push toward the next major resistance at $261.
The projected scenario points to a potential 40% rally from current levels.
🧠 Why It Matters:
Solana continues to attract attention with its high-performance blockchain and growing ecosystem of DeFi, NFTs, and consumer apps. The recent breakout could be a technical confirmation of renewed investor confidence.
🔍 Key Levels to Watch:
Support: $185
Resistance: $261
Target: $262.39
If bullish momentum continues, Solana could lead the next leg of the altcoin market’s recovery. However, a failed retest of support may delay the rally.$SOL
