$SOL

$SOL

The price of Solana (SOL) has been consolidating below the peak of a bullish formation on the weekly chart, indicating that momentum is increasing towards the upward direction.

$SOL : $255.58

SOL

256.3

+3.16%

Analysts see the critical support level at $258.41 as the minimum of the consolidation range.

If support breaks below this level, a retest of $217.70 can be seen, which is a secondary support level that maintains the long-term bullish bias.