Solana (SOL) has maintained its strength in the crypto market, with a market cap of $100 billion and a price above $200. Analyst Ali Martinez highlights that the $245 price level is crucial for SOL's price action. Reclaiming this level could lead to a major shift in market positioning, as there is a substantial concentration of leverage in short positions around $245. If SOL reaches this level, it could trigger liquidations and fuel further price surges. Currently, SOL trades at $205.30, showing a recovery from lower levels and indicating renewed buying interest. To confirm a short-term bullish trend, SOL needs to reclaim the 20-day EMA at $212. Breaking above this level could lead to a run towards $245 and potentially trigger a short squeeze. Failure to reclaim $212 may result in selling pressure and a retest of support levels. The RSI suggests momentum is slowly shifting towards the bulls, while the MACD line indicates ongoing bearish momentum but with decreasing selling pressure.



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