$SOL | Can SOL/USDC continue to rise?
Current momentum and accumulation
A significant accumulation has been observed: over 2.2 million SOL have left exchanges, which usually supports bullish price movements
On a technical level, SOL broke a "cup and handle" pattern, considered an indication of bullish continuation, with possible targets towards $180 and beyond $SOL
Key resistance and technical outlook
Solana is facing resistance near $170–$172, aligned with moving averages like the 20-day and 50-day EMA
A sustained breakout above $180 could trigger a rally towards $211, while surpassing $200 would open the door to move towards $220–$240