CandleFocus Solana (SOL) Aims for $200 Retest: Is Momentum Building?
2024-10-29
Author: Content Editor
Solana's price has steadily increased above the $165 resistance zone and is now trading well above $175. It has formed a base above $160 and experienced a fresh increase. The price broke above key resistance levels and is currently consolidating gains. The next major resistance levels are at $182, $185, and $188. If SOL fails to rise above $182, it could start a downside correction with initial support at $180. The MACD and RSI indicators suggest a bullish trend. Major support levels are at $176 and $165.
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