Solana price surge: Will SOL break through after surpassing the resistance of 235 USD?
The resistance level at 235 USD is an important milestone that could lead to a strong breakout if SOL maintains its upward momentum and surpasses this threshold. If successful, SOL could target the previous high of 264 USD. However, before reaching that resistance point, the price of SOL has undergone some corrections and tested the support area of 220 USD and is currently in an upward trend.
It is also important to note that although SOL previously reached an all-time high of 264 USD, it faced selling pressure and could not reach the 300 USD mark. If SOL can hold its price above 221 USD and continue to attract buyers, this could facilitate a breakthrough of the resistance at 235 USD.
In summary, if SOL surpasses the resistance level of 235 USD, the possibility of breaking out to the level of 264 USD may occur, but this still depends on the trading situation and market sentiment in the near future.