Solana (SOL):
Current price: $196.66.
Recommended entry point: $190-$192.
Target exit point: $210 or $215.
Technical reasons:
Solana is showing strong momentum after bouncing off a major support at $185.
The relative strength index (RSI) is indicating increased buying without entering the overbought zone.
The higher trading volume compared to previous days reflects investor interest.
Fundamental reasons:
Continuing developments in the Solana ecosystem with the launch of NFT projects and DeFi applications.
Growing adoption of the network due to faster transactions and lower costs compared to Ethereum.
