Solana (SOL) on the way to the top: Memecoin craze continues!

While the crazy rise in memecoins continues, Solana ($SOL ) has set its sights on $200.

The breathless rise of the memecoin market has benefited Solana (SOL). SOL, which has been moving upwards since $130, has left $155 behind. The popular altcoin, which is struggling with a critical resistance level, is targeting $200.

As of the writing of the news, SOL, which is traded at $155.65, may explode upwards if the memecoin craze continues, BTC dominance declines, or $BTC exceeds $68,000. In such a scenario, resistance levels of $168.58 - $186.57 - $198.63 and $217.78 can be targeted, respectively. In addition, it is useful to pay attention to the $200 band. Because this level can bring psychological selling pressure.

Factors such as the decrease in the memecoin craze, problems that may occur in the Solana network, or the downward movement of BTC may push the SOL price to lower levels. In such a scenario, declines may occur to $148.63 - $130.30 and $117.01, respectively. In case of a downward break of $117, the support level to be monitored will be $100.

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