The recent market activities have put Solana in the spotlight. Despite experiencing a sharp 30% correction in the past six weeks, dropping to a low of $120, the cryptocurrency is showing signs of an imminent upturn. Analysts, including the noted Inmortal, are optimistic, predicting that Solana could not only recover but also set new records. According to Inmortal’s analysis, if Solana can push past the immediate resistance at $158 and maintain momentum through $175 and $185, it might clear the way for a significant rally. A sustained move above $160 could definitively signal the end of the downturn, ushering in a bullish phase. However, a slip below $140 could lead to further declines, testing the robustness of support at $120.
