Crypto Dream
06/28 17:24
Solana (SOL) Eyes $210 Breakout: Can Bulls Push to
Solana (SOL) Eyes $210 Breakout: Can Bulls Push to $250 Next?
- Solana consistently leads blockchains with over 100 million daily transactions.
- SOL Strategies invests $100K in Jito to back Solana’s growth.
Solana (SOL) is showing renewed strength on multiple fronts as it consolidates within a key technical range. According to analyst Crypto Tony, Solana has been trading within a well-defined range between $120 and $210 since late 2023. The weekly chart shows repeated support at the $120 level, now acting as a firm base for potential upside. As of this week, SOL is trading around $144, marking a 3.75% gain over the past seven days. The token recently bounced after testing the $120 support, signaling renewed buying interest.
Crypto Tony pointed to a rising wedge pattern forming over several weeks. He noted repeated tests of horizontal resistance, particularly near the $210 level, and suggested a breakout could follow soon.
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