🔴 $SOL Hit Next to $230 🔴
Solana (SOL) recently broke above $190 and is now up 6% today1. This rise follows Solana flipping BNB to become the 4th largest cryptocurrency globally1=. YouTuber Tyler Hill, with nearly 100k subscribers, updated his Solana price forecast, highlighting a significant breakout from a resistance level.
The breakout was validated by a successful back test, where the price returned to the previous resistance level, now acting as support. This reduces the chances of a negative reversal and confirms bullish strength. Despite this, the 4-hour RSI shows lower highs, indicating potential near-term struggles and pullbacks.
The analyst remains cautiously optimistic, accumulating more SOL due to the increased probability of a sustained upward move. Potential price targets include $200, $210, and even $230, depending on market conditions. The current momentum and reduced risk of falling back into the previous structure boost confidence in the bullish trend.
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$SOL
