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Solana Price 5x in May? Watch This Chart

  • Solana (SOL) is showing bullish signs as it approaches a major breakout zone in May.
  • The daily chart indicates SOL is trading above key moving averages, with potential for a bullish crossover.
  • Resistance at the 200-day simple moving average near $181 needs to be surpassed for a convincing breakout.
  • While a 5x increase in price to $740 in May seems unlikely, a move towards $180-$220 is more realistic.

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