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SOL technical analysis

Solana ($SOL) Signals Bullish Continuation, Eyes $187 Price Target Amid Rising Open Interest

Solana ($SOL) has initiated a significant bullish breakout, surging past crucial resistance levels and establishing a target price of $187. Currently trading near $181, the cryptocurrency broke decisively out of a prolonged descending channel pattern, supported by robust trading volume… Read More »Solana ($SOL) Signals Bullish Continuation, Eyes $187 Price Target Amid Rising Open Interest

Solana Defends $166 Support as DeFi Growth and Whale Moves Signal Potential Upswing

Solana bulls successfully defended the critical $166 support level, fostering speculation of upward momentum toward the $255 mark. On-chain data reveals heightened whale activity, including a significant $12 million withdrawal from Binance to an unidentified DeFi platform, bolstering positive sentiment… Read More »Solana Defends $166 Support as DeFi Growth and Whale Moves Signal Potential Upswing

Solana Approaches Critical $200 Breakout Zone Amid Improving Technical Structure

Solana (SOL) shows technical indications of an impending bullish breakout above the psychological $200 resistance level according to on-chain metrics and futures market trends. The cryptocurrency appears to have cleared crucial selling pressure despite current consolidation below the decisive $200… Read More »Solana Approaches Critical $200 Breakout Zone Amid Improving Technical Structure

Solana Gains Momentum Amid ETF Anticipation as Technicals Signal Breakout Potential

Solana (SOL) is experiencing renewed market interest as anticipation builds for a potential spot exchange-traded fund (ETF) approval. Technical indicators and on-chain activity suggest strategic accumulation by investors, positioning the asset for a possible significant breakout. Market analysis reveals Solana… Read More »Solana Gains Momentum Amid ETF Anticipation as Technicals Signal Breakout Potential

Solana (SOL) Exhibits Upside Potential with Rising ETF Approval Odds and Onchain Activity Surges

Solana (SOL) demonstrates significant growth potential fueled by accelerating onchain activity, heightened institutional engagement, and favorable prospects for spot ETF approval. Technical analysis indicates a possible bullish trajectory toward $335. Futures open interest for Solana surged 12% within 24 hours… Read More »Solana (SOL) Exhibits Upside Potential with Rising ETF Approval Odds and Onchain Activity Surges