💥Solana (SOL) is approaching a key resistance level and could rise to $210 if it breaks above it, or drop to $110 if it fails.
👉Currently, Solana price is just below this threshold and still maintains an upward trend despite the general market being sluggish.
Over the past week, Solana price has increased by 2%, indicating strong buying pressure.
Solana is now facing resistance at $148, a level that has previously been difficult to overcome.
👉If it breaks through, the price could move towards $210. The RSI at 53.93 shows that buyers are in control, signaling increased demand.
The Balance of Power (BoP) indicator at 0.44 also shows that buyers are in control, adding to the possibility of a resistance breakout.
👉If Solana succeeds, the price will quickly move towards $210, otherwise, it may drop to $110, where there is support.
Breaking above this resistance level is a key sign for the uptrend to continue.
Since August, Solana has failed several times to break above $148, but if it succeeds this time, the price could surpass $200.
👉However, if not, the coin could lose momentum. The market is still volatile, but technical indicators show that Solana's uptrend is still clear.
🚀Follow me to update the latest information about the market. Wish everyone successful trading
