Solana is approaching key resistance levels as bullish indicators align, with a potential breakout expected to push SOL above $220 and towards $250.
After rebounding from support, Solana aims for 8% gains, but a short-term correction might occur before bulls regain control to drive prices higher.
Solana made a significant 100x rally during the 2021 bull run and is now poised for a massive price surge above $220, supported by the recent bullish activity in the crypto market.
Technical analysis suggests that Solana's price is close to breaking out from a rising wedge pattern, with indicators like the CMF and MACD hinting at a potential bullish momentum to reach targets at $220 and $250.