Solana (SOL) Poised for a Breakout: Bulls Gain Strength

The price of Solana (SOL) has remained strong, trading between $128.9 and $157.62. There are signs of bullish momentum, with the price up 15.30% in the past week and 38.77% in the past six months. The pair is trading near the 10-day simple moving average at $147.70, with the next resistance at $168.72 not far away. If Solana breaks above this resistance, its target price could be $197.44, which would imply a 25% upside to the upper limit of its current price range. While the RSI is at 71.87, indicating overbought conditions, the overall sentiment suggests a bullish trend. This could be the start of another altcoin season, with SOL leading the way.