๐ $SOL Solana Explodes 12% โ Is $200 the Next Target? ๐ฅ
Solana $SOL just made a powerful 12% move this week, riding the broader crypto rally and now eyeing the key psychological level of $200. ๐๐ฅ
๐น TVL (Total Value Locked) surged from $6B to over $9B.
๐น Active wallets are now over 3.3 million โ on-chain strength confirmed!
๐น SOL is testing its equilibrium zone around $185, with $193 being the major resistance level to watch.
After weeks of trading in the $145โ$175 range, recent moves signal a potential breakout. Volume profile shows strong support near $145, and thin liquidity above suggests faster price acceleration once resistance breaks. โก
On the macro side, the Federal Reserveโs pause and expected rate cuts (30โ50 basis points by end of 2025) are fueling momentum for high-beta assets like SOL. ๐ฆ๐
๐ต๏ธโโ๏ธ TA also reveals a long-term Cup & Handle pattern, putting Solana in a strong position to reclaim previous all-time highs โ and possibly push beyond.
๐ฏ Key upside targets after $193:
$215
$250
$285
$330
$400+ (if momentum holds)
Analysts are turning bullish โ the market is watching. Are you ready for Solanaโs next breakout? ๐๐
#Solana #SOL #CryptoNews #BinanceSquare #Altcoins #BullRun #TechnicalAnalysis
also check $ETH ๐ฑ
