Solana (SOL) Surges Past Key Resistance Levels
- Solana price increased above the $240 and $250 levels against the US Dollar.
- The price is trading above $250 and the 100-hourly simple moving average.
- A break occurred above a key bearish trend line with resistance at $245 on the hourly chart.
- The current resistance is near the $262 level, with major resistances at $272 and $280.
- If SOL fails to rise above the $262 resistance, it could decline toward the $230 zone.
Solana’s price has reclaimed levels above $250, breaking past key resistances, and is now facing potential further increases if it surpasses the current resistance of $262.
Source (2.6)https://www.newsbtc.com/analysis/solana-sol-ignites-momentum-262/?rand=52377