🚀Solana’s Price Rises Significantly

📈 Solana’s Rise: Solana (SOL) has gained significant attention, testing the $188 resistance. Currently trading at $180, an important uptrend line is forming with $175 support on the hourly chart of SOL/USD.

🚀 Upward Trend: SOL’s upward trend began after forming a support base around $166. Following Bitcoin and Ethereum’s rise, SOL moved into a positive region, surpassing $175 and $180, and testing $188 resistance.

🔍 Current Trading: Solana is above $180 with immediate resistance at $185 and major resistance at $188. A close above $188 could lead to a new major increase, potentially pushing SOL towards $200.

📉 Levels to Watch: SOL faces challenges overcoming the $188 resistance, raising concerns of a downward correction. Key support levels are $182, $178, $175, and $166 if a larger correction occurs.

📊 Technical Indicators: The hourly MACD is bullish, and the RSI is above 50, indicating strength. Key support levels include $158 and $152, while resistance levels are $165, $172, and $180.