Is Solana Heading for $200?
Solana (SOL) is on a bullish streak, trading at $144.81, up 7.26% in the last 24 hours. The price surged from a 24h low of $134.61 to a high of $147.71, signaling strong upward momentum. Volume also supports the trend, with 4.43M SOL traded and a USDT volume nearing $625M.
The 1-hour chart shows a solid breakout past the MA(25) of $139.97, with the price now holding above all key moving averages—MA(7), MA(25), and MA(99). This indicates buyers are in control. A bullish crossover and rising volume hint at further upside.
If Solana maintains this momentum and breaks resistance at $150, a climb toward $200 isn’t out of reach in the near term. Keep an eye on volume trends and RSI for potential overbought signals.
What’s your take? Is $200 in sight or just hype?
