<ul data-eligibleForWebStory="true"><li>Solana is showing signs of a bullish reversal with potential price targets around $258 after a wedge breakout and Fibonacci bounce.</li><li>The golden Fibonacci retracement levels between 0.618 and 0.786 are considered key zones for trend reversals.</li><li>Solana's price is currently around $149.30 with a market cap of approximately $78.7 billion.</li><li>A falling wedge pattern on the chart indicates diminishing selling pressure and a likely breakout.</li><li>Projected target levels for Solana are $204.31, $229.01, and $258.45, suggesting significant potential gains.</li><li>Market volatility remains high, but technical indicators support a bullish continuation if key support levels hold.</li><li>The daily chart shows high volatility with some minor selling pressure, although key technical indicators like RSI and MACD are not confirming bearish sentiment.</li><li>Solana's potential for an upward trend reversal is supported by consolidation near strong historical support levels.</li><li>Overall, Solana's technical setup favors a bullish scenario with potential upside momentum.</li><li>Socure: CoinMarketCap</li></ul>

Solana Price Targets $258 After Wedge Breakout and Fibonacci Bounce

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