Solana – How THIS level could help SOL prices rally 40%
Main Idea
Solana (SOL) surged 18% in a week, reaching $181, with $185 identified as a critical resistance level that could determine a potential breakout toward $256 or a continuation of sideways movement.
Key Points
1. Solana (SOL) rallied 18% in a week, hitting $181, with exchange inflows indicating selling pressure.
2. $184–$185 is marked as a critical resistance level; a breach could push SOL toward $256.
3. On-chain data shows $15.18M in exchange inflows and a $174 support level, with long liquidation leverage at $436.74M.
4. SOL's RSI at 57 suggests room for upward momentum, but the Supertrend line at $190.33 signals an active downtrend.
5. A daily close above $185 is crucial for further upside, while failure could lead to sideways movement.
Description
SOL’s 18% weekly climb faces $185 resistance and a breach here could ignite or end the rally’s momentum.
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