Solana (SOL) is once again in the spotlight, trading around $185.33 and testing the critical $186 resistance. The big question—are the bulls preparing for another explosive rally, or will profit-taking cause a short-term pullback?
In recent weeks, SOL has surged more than 30%, climbing toward the key $200 psychological barrier. Technical indicators are flashing bullish signals—MACD shows positive momentum (DIF: 2.75, MACD: 2.50), and Parabolic SAR at $181.79 confirms an uptrend is intact. Analysts from Investing.com and Bitget label SOL a “Strong Buy” across multiple timeframes, hinting at widespread market confidence.
Bullish Case A breakout above $187.50 with strong volume could target $190, $195, and beyond.
Bearish case A drop below $181.50 may trigger declines toward $178 or $175.
Broader market sentiment also supports SOL—Ethereum recently jumped to $4,200, sparking fresh altcoin momentum.
If SOL holds above $181.80, bulls remain in control. A confirmed breakout above $187.50 could set the stage for a push toward $200. Until then—watch the charts, manage risk, and trade smart.
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