🔴Currently, I am monitoring the movement of Solana (SOL) and I see that the price trend continues to show a noticeable positive momentum.🍀
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🔸️ The price of the coin is currently trading near $181.98 after moving today within a range of $177.97 to $185.67, reflecting some volatility within an overall upward path.
🔸️ Over the past week, I noticed that Solana has achieved an increase of more than 12%, moving from levels below $165 to its current levels. This strong performance was supported by positive news in the market, most notably allowing the listing of cryptocurrencies in 401(k) retirement plans, which boosted institutional investor confidence.
🔸️ In my opinion, as long as Solana maintains trading above the $175 level, it remains on a positive path, with the potential to test the next resistance near $188–190. Conversely, breaking the support at $175 could open the door for a correction towards $168–170.
🌟 The overall short-term trend is still upward, but it is important to closely monitor support and resistance levels in light of the current market fluctuations.