The crypto market is showing signs of recovery, and one altcoin that's getting my attention is Solana ($SOL).
Over the past 7 days, $SOL has shown strong price support at the $130–$140 level. This is crucial because it reflects strong buyer interest. Also, with recent network upgrades and rising developer activity, Solana is positioning itself as a serious Ethereum competitor.
Another reason: the upcoming meme coin launches on Solana are attracting liquidity, which creates short-term demand pressure. We've seen a similar pattern with BONK and WIF earlier this year.
My Technical View:
RSI is approaching 50–60 range, showing early momentum.
MACD is turning bullish on the daily chart.
If $SOL breaks $160, I expect a quick push toward $180.
Disclaimer: This is not financial advice. Always DYOR.
What’s your take on $SOL? Let’s discuss in the comments.
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