Solana (SOL) trading at $179 with increased trading volume.
The $179 support level aligns with the 61.8% Fibonacci retracement zone, indicating potential upward movement with bullish targets at $254.35, $302.02, and $345.76.
Whale transfers and increased derivatives trading on Binance suggest potential market impacts and uncertainty.
MVRV ratio reflects a neutral-to-bullish trend, indicating investor profitability and ongoing recovery.