$BTC Solana $174 (SOL) experienced a price drop.

Technical indicators signal growth for Solana.

Although the price of SOL faced sellers after approaching the resistance line of its ascending channel, it successfully held support at the midline.

This dynamic, according to technical analysts, is expected to facilitate an upward movement. The convergence of the 20-day exponential moving average and the 200-day moving average is recognized as a 'golden cross' signal. If this signal materializes, prices are expected to initially target $177, and then the historical maximum of $296.