Solana is approaching the $165 resistance level with potential to reach $180 as bullish momentum builds.
RSI at 61.16 signals strong bullish momentum with room to rise further before hitting overbought levels.
Open interest in Solana climbs by 3.8% to $7.62 billion, indicating trader confidence in the ongoing uptrend.
The short-term outlook for Solana looks bullish, with a key resistance at $165 that may lead to a bullish trend towards $180, while failure to sustain momentum could see a pullback to $140 or $125 levels.