Solana Nears $210 Resistance Amid Bullish Momentum but Overbought Signals Suggest Possible Pullback

Key Points

1. Solana broke the $200 resistance, peaking at $206.30, supported by strong volume and bullish indicators.

2. Technical indicators like RSI (73.06) and MACD remain bullish, but the high RSI suggests potential short-term corrections.

3. Key resistance is at $205–$210, while support levels around $185–$190 are crucial to maintain bullish momentum.

4. Market sentiment is positive, but volatility and overbought conditions warrant caution for near-term trading.

5. A breakout above $210 could target $250, while failure to hold support may lead to a retracement toward $170.