Solana to $300?! đ€Ż Here's Why It Could Explode!
Could Solana be gearing up for a massive rally? đ„ Historical chart patterns and Fibonacci levels are hinting at a potential surge to $300! SOL has been holding above its 50-week EMA, a level that's previously triggered big price jumps.
Right now, Solana's futures market is buzzing with $7.5 billion in open interest, and funding rates are negative, which could set the stage for a powerful short squeeze đ„. While some traders are spotting potential bearish patterns, others believe SOL is stabilizing and could break out toward $300 if momentum builds. Keep an eye on that $180 resistance level â a break above it could signal a bullish continuation!
What do you think of this potential surge?
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