#SOL on the Verge of a Breakout?
Solana (#SOL) is currently trading around $165, forming a strong consolidation pattern near key support. After a healthy pullback from the recent high of ~$188, SOL is now eyeing a bullish continuation.
Technical Analysis:
Support: Holding firm at the $160-$165 zone
Resistance: Eyes on $180 and $188
RSI: Resetting from overbought levels — room to run
Bullish Signal: 50 EMA above 200 EMA = Golden Cross in play
Volume: Accumulation spotted on 4H chart
If #BTC and #ETH continue showing strength, #SOL could retest $180 soon — and possibly break into the $200+ zone in the coming weeks.
HODLers, Stay Strong: The ecosystem is growing, network stability has improved, and DeFi & NFTs on Solana are booming again. This is just the calm before the storm.
Near-term Target: $180
Mid-term Bullish Target: $210+
Support to Watch: $160
Let the FUD fade — the sun is rising again for Solana!
