$SOL

Solana (SOL) Holds Strong Above $150, Eyes Further Gains

Solana rebounded from the $132 support and is now holding firm above $150, showing signs of a potential breakout past the $155 resistance.

SOL climbed above key resistance levels at $135 and $145, reaching a high of $154.55. While there was a minor pullback, the price remains above $150 and the 100-hour SMA. A bullish trend line also supports SOL near $150, aligning with the 50% Fib retracement of the $145–$155 move.

Immediate resistance lies at $154, with $155 and $162 as the next key hurdles. A close above $162 could trigger a steady rally toward $175 or even $180.

However, if SOL fails to clear $155, it could dip to $150 or $145. A break below $145 may lead to further losses toward $138 and possibly $132.

Technical Indicators:

MACD: Gaining momentum in the bullish zone.

RSI: Above 50, indicating strength.

Support: $150, $145

Resistance: $155, $162

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