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Solana’s SOL is showing signs of an impending significant price movement as its Bollinger Bands tighten on the 4-hour chart. Analysts remain optimistic, with price targets ranging from $240 to over $300, despite a recent 3% dip.
- Bollinger Bands tightening on SOL's 4-hour chart signals potential for a major price movement, historically preceding significant volatility.
- Analysts project SOL could reach $240-$300, drawing parallels to Ethereum's 560% surge in 2021.
- Despite a 3% weekly dip, SOL is up 20% monthly, with $120-$130 identified as a key accumulation zone.
📎 Related coverage from: cryptopotato.com