Solana (SOL) is currently trading above $140 and has shown signs of strength. Analysts are optimistic about SOL's potential for higher levels, with one predicting a 20% surge in the coming weeks. However, SOL still faces resistance levels that could impede its upward trajectory. The price has been consolidating within a range of $210 to $110 since mid-March, leading to mixed opinions among investors. Carl Runefelt's technical analysis suggests that if SOL breaks out of a triangle pattern, it could reach $176, representing a significant surge. A successful breakout would mark the end of SOL's sideways trading and potentially lead to new highs. On the other hand, failing to hold above $140 could result in a short-lived surge and a deeper correction. Traders are closely monitoring SOL's performance to determine its short-term direction.



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