$SOL 🚀Can Solana (SOL) reach new highs? 🚀
Solana ETF is hot, SOL price soars: With the help of Solana ETF, SOL price soared in the network craze, and the 24-hour trading volume surged by 112% to $3.128 billion.
Bullish technical analysis: Multiple technical indicators and moving averages show strong buy signals, indicating that SOL prices may continue to rise. Although the 50 and 100 weekly lines show sell signals, the overall upward momentum has not been significantly affected.
Market variables to pay attention to: MACD and STOCHRSI indicators issued a warning, but RSI remained neutral, and the possibility of a short-term trend reversal was small.
Key support and resistance levels: The key support level is at $145.296, and if it is broken, it is expected to rise further. The key Fibonacci resistance levels are $151.307, $155.021 and $161.032, respectively. If successfully challenged, it is expected to reach a high of $202.