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BTC7338

07/15 13:20

Solana breaks above $166 Fibonacci level, with bul

Solana breaks above $166 Fibonacci level, with bulls eyeing targets at $171, $179, and $185.
SOL trades above 9-day SMA, while MFI at 76 signals strong inflows but potential exhaustion.
SEC ETF reviews add momentum to Solana’s ongoing upward price action.
SOL Chart Points to Bullish Target
Solana (SOL) has broken out of an ascending triangle. The price cleared the $166 mark, which is the 1.272 Fibonacci level. Traders now watch for the next levels at $171, $179, and $185. The structure shows rising lows and growing volume, which supports the move. 

“This could be the cleanest breakout I’ve seen all month,” said analyst Ali on X.

If buyers stay in control, the $185 level may be next. But traders also watch for pullbacks, especially as prices move higher into resistance zones.
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