Big coffee opinion: long #SOL (from Coinsradar.net)

Solana has also gained significant momentum amid the resurgence of the meme coin craze. The bulls tried their best to keep the price above $180, but the growing strength of the bears led to a significant pullback.

Technical analysis shows that SOL is trading within a symmetrical triangle and currently remains above the $155 to $160 support zone. Prices are converging tightly, suggesting big moves may be coming. In addition, the Gaussian channel turns green, signaling the beginning of an upswing and that the price is close to the upper track of the channel. A break above this level could start a new uptick. At the same time, the stochastic RSI has reached its lower limit and may be preparing for a rebound.

As a result, SOL price continues to be under bullish influence, with expectations that it may break above $175 early in the second half of 2024. #内容挖矿

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