CandleFocus Solana (SOL) Approaches Make-or-Break Resistance: $210 Target in Sight
2024-10-14
Author: Content Editor
Solana (SOL) is currently trading at $148.06 and is approaching a critical resistance level of $148.16, which it has been struggling to surpass since early August. However, several key technical indicators, such as the Relative Strength Index (RSI) and Balance of Power (BoP), suggest a bullish outlook for SOL. If demand for SOL continues, it may break above $148.16 and reach a target of $209.90. However, if the resistance test fails, SOL could decline towards $110.
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