Solana (SOL) has broken out of sideways momentum and has reclaimed $200 as support, igniting investor optimism for further recovery. The Net Unrealized Profit/Loss (NUPL) indicator shows that investors are confident in SOL's recovery and are refraining from selling, reducing supply-side pressure. The Relative Strength Index (RSI) is climbing above 50.0, indicating bullish momentum. SOL is well-positioned to capitalize on investor sentiment and reclaim critical resistance levels, potentially reaching higher price milestones. Currently trading at $205, SOL aims to hold the $201 support level and target $221 and $245 as future levels of support. However, a lack of sustained momentum or profit-taking could cause SOL to lose support and invalidate the bullish outlook.



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