$SOL

🚨Is SOL Price Ready to Launch to $300?🚨

Regardless of the ‘Chaos’ in the market, the SOL price continues to trade within a bullish range, signifying the rising dominance of the buyers over sellers. On the contrary, the sellers have always challenged the rally at $210, pushing the levels back to the support at $180. The current breakout appears to be a little diverse, as it is backed by strong buying volume, with the technicals favoring the rise.

As seen in the chart, the SOL price rally remains stuck within an ascending triangle and is trying to break the barrier ahead of the pivotal resistance. The levels at $202 have been a strong threshold in recent times, and hence a daily close above the range is expected to revive hopes of entering the resistance zone between $220 and $225. No doubt the token holds a record of a couple of failed attempts in the recent past, but the current conditions vary.

The RSI is yet to reach the upper threshold, much different from the previous attempt to break the resistance. Meanwhile, the MACD indicates the buying pressure has just begun to mount, while the previous attempts occurred either when the buying pressure reached its peak or when it had begun to fade. Hence, technically, the Solana price appears poised to reach $220 in the coming week, and a sustained rise above $250 could pave the way for a new ATH above $300 by the end of Q3, 2025.

#solana320 #Trendingissue #mr320 #Binance320 #Trendingcoin320