Can Solana break past $176 after 17% surge?
Solana has surged 17% from its recent support level, rallying off a strong confluence zone at $143. Now, price action faces a critical test at the $176 resistance. Whether Solana breaks through or rejects from here could define its next major move.
Solana is now trading near a crucial resistance level that could determine its short-term direction. The rally off the $143 level, supported by the 0.618 Fibonacci retracement and weekly support, has brought price into a region packed with multiple overhead resistances, including the point of control, the daily supply/resistance level, and the upside 0.618 Fibonacci retracement near $176.
