🚀 Solana ($ETH SOL) Breaking Higher — Eyes on $230
Price Now: ~$208.90 (+3.6% intraday)
SOL is riding strong momentum after bouncing off key $198–$200 support (VWAP), holding above all major EMAs (10, 20, 50, 100, 200).
📊 Technical Highlights:
Bullish channel intact ✅
Next resistances: $218 (Fib 0.618) & $230 (channel top)
MACD + EMA clusters = upside potential
RSI ~73.65 → slightly overbought (watch for quick dips)
Volume & OI surging = trader confidence high
🛡 Support & Risk:
Solid floor: $198–$200
Below $204 → risk of short-term pullback
💡 Bullish Outlook:
With Solana PayPal stablecoin integration, growing institutional adoption, and possible ETF approvals, SOL could target $212–$500 by end of 2025.
📈 Trading Plan:
Longs from $207 → watch $198–$200 support
Take profit near $218–$230
Use stops below support to protect gains
🔥 SOL is showing both technical strength & fundamental momentum — prime to watch for breakout plays.
