<ul><li>Solana price is currently trading around $174, consolidating below key resistance levels on the hourly chart but showing strength on the daily chart after reclaiming major moving averages.</li><li>The daily chart indicates a potential breakout as SOL price approaches the critical 200-day SMA at $181, with a Fibonacci extension target of $225 if the level is cleared with volume support.</li><li>On the hourly chart, SOL price is stabilizing around $172, forming a strong demand zone, with a potential breakout above $180 signaling bullish momentum for a move towards $195 and possibly $225 based on Fibonacci projections.</li><li>Short-term traders should monitor the $171 support and $181 resistance levels closely to gauge SOL price movement, with a successful break above $181 potentially leading to a rally towards $200 and beyond.</li></ul>

SOL Price Alert: Key Breakout Incoming

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