<ul><li>Solana (SOL) price is showing signs of life with a potential breakout after weeks of sideways movement.</li><li>On the hourly chart, SOL price broke above multiple moving averages and cleared resistance levels around $160.50-$161.20, indicating bullish momentum.</li><li>The daily chart shows SOL price bouncing higher from the 50-day SMA support, with a short-term target projection towards $166.61 and resistance at $168 and $179.</li><li>The current breakout attempt is supported by technical factors, with potential targets at $170 and $180 if price sustains above key levels in the next 48 hours.</li></ul>

Solana Price Prediction: Technical Breakout Signals Ahead?

Discover more