Solana (SOL) Holds Strong Above $150, Eyes Further Gains
Solana rebounded from the $132 support and is now holding firm above $150, showing signs of a potential breakout past the $155 resistance.
SOL climbed above key resistance levels at $135 and $145, reaching a high of $154.55. While there was a minor pullback, the price remains above $150 and the 100-hour SMA. A bullish trend line also supports SOL near $150, aligning with the 50% Fib retracement of the $145–$155 move.
Immediate resistance lies at $154, with $155 and $162 as the next key hurdles. A close above $162 could trigger a steady rally toward $175 or even $180.
However, if SOL fails to clear $155, it could dip to $150 or $145. A break below $145 may lead to further losses toward $138 and possibly $132.
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