Solana (SOL) Rockets Over 10%: Analyzing The Bullish Trend

Solana (SOL) Rockets Over 10%: Analyzing The Bullish Trend

Solana started strong increase above the $135 resistance. SOL price is up over 10% on the ETF hopes and it might rise further toward $162.


  • SOL price started a steady increase and cleared the $142 resistance against the US Dollar.

  • The price is now trading above $142 and the 100-hourly simple moving average.

  • There is a connecting bullish trend line forming with support at $142 on the hourly chart of the SOL/USD pair (data source from Kraken).

  • The pair could correct lower and find bids near the $140-$142 zone.

  • Solana Price Starts Fresh Rally On ETF Fillings


    Solana price formed a base above the $125 level and started a fresh increase. SOL broke many hurdles near the $135 and $140 levels to move into a positive zone. It gained over 10%, cleared the $145 resistance, and outperformed Bitcoin and Ethereum.


    A high ..

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