Solana Bounce Incoming? Chart Points to $205 and Beyond

Description

TL;DR Solana retests breakout level after triangle formation, with traders watching $180 for confirmation. On-chain data shows 8M SOL bought at $190, hinting at strong support above resistance. Network upgrade boosts Solana’s block capacity by 66%, with MetaMask adding native support. SOL Pulls Back to Key Breakout Level Solana (SOL) is trading around $181 after a brief drop of just over 2% on the day. Over the past week, the price has still been up slightly. On the daily chart, the token has br...