SOL Breaks Above $110 but How High Can It Go? (Solana Price Analysis) 🚀
Bulls Are Targeting $117 🎯
Solana did not sit long at two digits and quickly reversed course to recover some of the recent losses. This renewed rally has taken the price back on the offensive, and its target is the resistance at $117.
Buy Volume Explodes 💥
As soon as SOL’s price dipped under $100, buyers rushed to take advantage of this discount. The strong buying volume managed to completely change the price action and turn this cryptocurrency bullish again.
Daily RSI Reversal 📈
Thanks to this recent performance, Solana’s daily RSI has moved above 50 points and turned bullish again. This is a key signal that sentiment has changed and continuation of this rally is likely.
