Solana price targets $215 after recovering 2.13% to trade at $170 following a recent pullback.
Solana displayed a breakout from a falling wedge pattern on the daily chart, with a potential bullish comeback indicated.
With 11.16 million wallets holding at least 0.1 SOL, Solana's upward trend gains momentum.
An optimistic scenario could see a breakout challenging the 78.60% Fibonacci level at $215, while a close below $165 might lead to further testing at $148.