Will Solana reach 260 this time? Sol has completely broken through the downward trend line at a large scale, and it also has a solid double bottom formation, expected to rise to around the previous high of 260 in the coming weeks before encountering resistance. On a smaller scale, it is currently close to the double bottom neckline around 220-225, where there is some resistance. However, it has indeed risen quite a bit, and those with contracts should consider taking profits at highs and look for opportunities to buy low. As for spot/2x, there's no rush; let's first look at 260 in the next month or two, then 300. The explosive point is the ETF + FireDancer upgrade; whenever they announce it, SOL will soar.
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