Solana Price Forecast: $120 Retest in Focus🚀
Currently, Solana appears to be in a prime position for another leg-up toward the $120 🫨 area in the days ahead.
Furthermore, current trends observed on the Parabolic SAR technical indicator also supports this bullish SOL price forecast.
When the Parabolic SAR points below an asset’s current price, it indicates an imminent reversal of the ongoing downtrend.
In this case, the Parabolic SAR (blue dots) currently point to $87, while the current Solana price is $0.96, confirming the positive forecast.
Strategic traders could interpret this as a signal to hold or buy more, as it implies that the price trend might be on the verge of a bullish reversal.
