#HotTrends The Solana (SOL) price appears poised to initiate a new bullish cycle, mirroring Bitcoin’s recent trajectory #Solana🚀 #BullMarket📈

🚀 Can Solana Break the Golden Ratio Resistance at $170?

👉 Solana is nearing the golden ratio resistance at approximately $170, with only about a 10.6% gap to bridge. A breakthrough at this crucial level could begin a new bullish cycle for Solana, potentially leading it to retest its all-time high (ATH) of around $260.

🔖 Additionally, the Moving Average Convergence Divergence (MACD) histogram indicates an upward trend on the monthly chart, with the MACD lines in a bullish cross and the Relative Strength Index (RSI) in overbought territory. Notably, there are no signs of bearish divergence or other bearish signals at this time.

$SOL