Solana Faces Critical Resistance at $160 Amid Market Uncertainty
- Solana (SOL) is trading at $147, struggling to break above $157.
- The key resistance zone is between $155 and $160.
- A breakout above $160 could lead to a rally toward previous highs.
- Failure to clear this level may result in a pullback to the $130–$120 zone.
- Since April, Solana has increased by over 58% from its local low near $95.
Solana’s ability to surpass the crucial $160 resistance will determine its short-term trajectory, with potential for either a bullish rally or a corrective phase.
Source (2.6)https://www.newsbtc.com/news/solana/solana-monthly-candle-reclaims-key-levels-is-240-the-next-target/?rand=52377
