Solana Surges Above $125 Amid Bullish Momentum
- Solana’s price increased by over 40% since last Monday, reaching $131.
- The cryptocurrency broke above the 4-hour 200 Moving Average and Exponential Moving Average.
- Key resistance levels were reclaimed at around $125 and $128.
- A significant bounce occurred from a recent low of $95.
- A potential recovery rally is contingent on maintaining support above the $125 level.
Solana’s recent price surge past critical technical levels has sparked renewed bullish sentiment, with analysts closely watching its ability to sustain momentum above the $125 mark.
Source (2.6)https://www.newsbtc.com/news/solana/solana-triggers-long-thesis-after-pushing-above-125-start-of-a-bigger-rally/?rand=52377
