Solana (SOL) Faces Resistance at $178.72: Potential for Growth Towards $180 Amid Market Neutrality
Main Idea
Solana (SOL) is currently trading at $178.3, facing resistance at $178.72 with potential growth to $180, but needs to surpass $200 for bullish momentum.
Key Points
1. Solana (SOL) is priced at $178.3, down 0.62% in the last 24 hours.
2. Key resistance level is at $178.72; a breakout could push the price to $180.
3. Midterm outlook suggests SOL needs to surpass $200 to regain bullish momentum.
4. The market is currently neutral, with SOL trading in the range of $175-$185.
5. Hourly chart shows SOL testing local resistance at $178.72, with potential for growth if broken.
Description
Solana (SOL) is currently trading at $178.3, reflecting a 0.62% decline over the last 24 hours. Key resistance is at $178.72, with potential growth to $180 if broken. Current SOL
$SOL
$188.35
+5.65%
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