Solana Ready for Breakout🚀🚀💥💥💥
With Bitcoin above $87K, Solana trades at $138 after a 4% weekly gain, pushing its market cap to $71B. It faces strong resistance near $140 despite a bullish falling wedge breakout. A retest of $131, aligned with the 23.6% Fibonacci level, may occur before a potential rally to $150 and possibly $185 (61.8% Fib).
Active addresses surged from 2.97M to 4.01M in April, and futures open interest rose 1.66% to $5.38B. With improving sentiment and a declining funding rate, bullish momentum over $136 could ignite the next leg up.
#Solana #SolanaBreakout #CryptoAnalysis #SOL
Buy here 👉$SOL
With Bitcoin above $87K, Solana trades at $138 after a 4% weekly gain, pushing its market cap to $71B. It faces strong resistance near $140 despite a bullish falling wedge breakout. A retest of $131, aligned with the 23.6% Fibonacci level, may occur before a potential rally to $150 and possibly $185 (61.8% Fib).
Active addresses surged from 2.97M to 4.01M in April, and futures open interest rose 1.66% to $5.38B. With improving sentiment and a declining funding rate, bullish momentum over $136 could ignite the next leg up.
#Solana #SolanaBreakout #CryptoAnalysis #SOL
Buy here 👉$SOL
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SOL
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