๐ Solana on Fire โ Can SOL Break $200 Soon?
Solana ($SOL ) is turning up the heat again! After bouncing from $165, SOL is powering through key resistance levels and might be gearing up for a major rally ๐ฅ๐.
Current Status:
Price is trading above $172 ๐น
Sitting nicely over the 100-hour SMA ๐ง ๐
Thereโs a strong bullish trend line forming with support near $170 on the hourly chart ๐โก๏ธ๐
Whatโs Next for SOL?
Just broke $170 and $172, then touched $177.50 before consolidating ๐ฏ
Now eyeing resistance at $178 and then $180 ๐ง๐
If bulls clear $180, we could see $185, $192, and potentially $200+ soon ๐ฅ๐๐ฐ
But watch outโฆ
If SOL fails to smash $180, we might see a pullback:
First downside support is $174.50
Major support zones at $172 and $170 (also the 50% Fib retracement from $165 to $177.50) ๐โ ๏ธ
A break below $170 could trigger a dip toward $162 ๐ง๐
Technical Signals:
MACD: Bullish momentum growing ๐โก
RSI: Holding strong above 50 โ still favoring bulls ๐๐ช
Key Levels To Watch:
Support: $172, $170 ๐ก๏ธ
Resistance: $178, $180, $185, $192 ๐ง๐
TL;DR: Solana is showing strong bullish vibes and a break above $180 could unlock serious upside. But a failure there could pull it back to support levels. Keep your eyes on the chart โ SOL might be ready to rocket past $200! ๐งจ๐
