📊↖️Solana is approaching the resistance level of $205 with a daily increase of 8%: Analysts expect a breakout at $255↪️📉
⚪Solana (SOL) is testing a critical barrier again at $205,🔻 after rising nearly 8% over the past twenty-four hours to reach $203.5.🔺 This rise🔺 has renewed optimism among traders who see the ascending triangle pattern forming on the charts as a potential launching point for a breakout towards $255.✔️📊
⚪According to analyst Lark Davis,🔺 Solana has been rejected three times at the $205 level🔻, but the higher lows and ongoing buying pressure indicate that momentum is building.✔️📊
⚪Davis explained⬅️: "If trading volume continues to rise🔺 during this test,🔺 then the outlook clearly points to $255 as the next target".🔺 This trading activity supports that outlook,🔺 as daily trading volume exceeded $9 billion🔺, confirming strong market participation.✔️📊
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