Lately, the price of Solana (SOL) has been demonstrating bullish resilience and gaining significant growth above its bearish trendline. Market participants are closely watching this current price action with the $175 resistance acting as a pivotal point, and a break above it could set the stage for a potential rally that might propel the crypto asset towards the $175 mark. As bullish sentiment around SOL continues to build, this article seeks to analyze its current price movements above the bearish trendline and the technical indicators suggesting sustained growth. The goal is to provide readers with a comprehensive understanding of SOL’s potential future trajectory. SOL’s price was trading at approximately $169 and was up by 5.12% with a market capitalization of over $78 billion and a trading volume of over $3.5 billion as of the time of writing. In the last 24 hours, the asset’s market cap has increased by 5.21%, while its trading volume has increased by 69.07%. Solana Eyes The $175 Mark On the 4-hour chart, after breaking above the bearish trendline, SOL has continued to maintain its bullish momentum, trading above ..
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