From the weekly trend, $SOL has recently performed prominently in the public chain sector, posting four consecutive weeks of bullish candles, and technically is gradually breaking away from the bottom area. Its MACD indicator is also showing a continuous upward trend, with volume support being relatively positive, suggesting that the current upward momentum has not yet been fully released, and there remains potential for further upward expansion.
If the current trend continues, the price is expected to launch an attack toward the $220 round number. If it can successfully break through this resistance level, a typical double bottom structure will form on the weekly level, which may lay a technical foundation for further strengthening of the medium-term market. However, it should be noted that the breakthrough of the key resistance level must be accompanied by effective volume amplification; otherwise, we still need to be wary of the possibility of short-term fluctuations.
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