🟣 Solana (SOL) Breaks Bullish Channel — $145 Back in Focus?

Solana has broken out of a bullish falling channel and is consolidating after facing resistance near $128. With strong demand holding around $120, the next move could define SOL’s mid-term trend.

Key Facts:

• 📈 SOL has broken out of a falling channel, signaling a potential trend shift

• 🛡️ $120 remains the key support zone, acting as a strong demand area

• 📉 On the 4H chart, RSI has dipped below the signal line, showing short-term momentum pause

Price Outlook:

• 📊 Bullish scenario: A strong bounce from $120 could send SOL toward $130, followed by a test of $145

• ⚠️ Bearish scenario: Failure to hold $120 may lead to deeper consolidation before continuation

Expert Insight:

If technical strength aligns with improving institutional sentiment toward blockchain infrastructure, Solana could be positioned for a broader recovery phase in the mid-term.

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