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Solana (SOL) is trading at a critical resistance level after an 80% rally from April lows. Analysts are watching for a breakout that could propel SOL toward new highs. The broader crypto market remains cautious, but Solana’s strength stands out.
- Solana has rallied 80% from April lows and is now testing a critical resistance level at $181, which could determine the next major price move.
- Analyst Jelle emphasizes that reclaiming $190 would confirm a bullish breakout, potentially targeting Solana's all-time highs.
- Technical indicators, including the 200-day SMA and stacked moving averages, suggest strong bullish momentum if SOL holds above $170.
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