Is Solana About to Explode Further? Analyst Reveals Next Targets

Description

TL;DR Solana breaks above $166 Fibonacci level, with bulls eyeing targets at $171, $179, and $185. SOL trades above 9-day SMA, while MFI at 76 signals strong inflows but potential exhaustion. SEC ETF reviews add momentum to Solana’s ongoing upward price action. SOL Chart Points to Bullish Target Solana (SOL) has broken out of an ascending triangle. The price cleared the $166 mark, which is the 1.272 Fibonacci level. Traders now watch for the next levels at $171, $179, and $185. The structure sho...