Solana Consolidates, Analysts Predict Potential Breakout
- Solana (SOL) has recovered from a 14-month low of $95 to trade at $149, marking a 1.1% daily increase.
- The cryptocurrency has reclaimed key support levels at $120 and $130, recently breaking above the $140 resistance.
- SOL is currently consolidating within the $145-$157 range, with potential for a breakout to higher levels.
- Analysts suggest SOL could reach $170-$180 in the short term due to increased utility and demand.
Solana’s recent recovery above crucial support levels positions it for potential growth, with analysts forecasting further gains if it breaks out of its current trading range.
Source (2.6)https://www.newsbtc.com/news/solana-analysts-forecast-q3-ath-rally-as-sol-retests-make-or-break-level/?rand=52377
