The article discusses Solana's current price trend and the potential for a breakout rally. Despite struggling to break the $200 mark, Solana remains above $190 and shows signs of a positive recovery. The article mentions a triangle pattern on the 4-hour chart and suggests that if the bullish trend continues, Solana may break through the $200 psychological barrier and potentially challenge the resistance trendline near the 38.20% Fibonacci level at $209.11. However, a loss of momentum could test the support trendline at $187.44. Overall, the article highlights the anticipation for a New Year rally and the potential for Solana to experience a breakout.



Other News from Today