Solana has officially broken above the main trendline resistance, indicating the potential for a trend reversal and paving the way for an upward move. After a long period of consolidation, this breakout could be the beginning of a strong rally.
Why this matters:
The breakout is supported by strong momentum, increasing the likelihood of continued upward movement. This presents a promising entry opportunity for traders looking to capitalize on short-term gains.
Key short-term targets:
$148.45
$149.20
$150.52