The price of Solana surged strongly after testing the $150-$155 zone, and the support of its trendline has not yet been broken. A market analyst projects a price of $270 for Solana. However, the $255 level is likely to be the last resistance before reaching the target.
Staying above $180 is important now, as a drop below this level could weaken the trend. Meanwhile, buyers have maintained the base quite well, preserving the overall price structure of Solana.
As long as accumulation persists, the price of Solana could rise again. This makes the projection of $270 more realistic, as long as the momentum is not broken, which offers a positive outlook for the long-term price forecast of Solana.
The ascent may not be uniform at all times. Brief drops are likely to occur, but these could create new buying opportunities for long-term investors. Activity around the $200-$225 range may cause sharp fluctuations, but the support from the $150 demand zone keeps the bullish situation intact.
Temporary corrections tend to revitalize markets rather than hinder them, and Solana appears to be in this case. If these supports are not broken, the likelihood of reaching the analyst's target of $270 increases.