SOLAN technical analysis 📊📈
Currently, SOL is trading at $180. The key uptrend line can be seen on the hourly chart of the SOL/USD pair with support at $175. However, if the pair cannot sustainably stay above $175, it could increase the chance of breaking the resistance at $188.
This uptrend in Solana's price began after establishing a support base around $166. SOL managed to overcome the $175 and $180 resistance levels, moving into the positive zone after rising other major cryptocurrencies such as Bitcoin and Ethereum. It tested the highest level, the $188 resistance.