SOL Analysis Next 150$ ? OR 89$ ?
Based on my Technical analysis, SOL token has shown some bullish signs on the daily chart. It has closed above the $105 resistance area, and the Relative Strength Index (RSI) has increased above 50, indicating a more bullish outlook.
đThe wave count also suggests that SOL is in the fifth and final wave of its upward movement.
đ D Chart forming symmetrical triangle which one of the bullish once breakout Solana next target 145$.
1h Chart
đSupport : $99.90
â€ïžResistance : $110
If this wave count is correct, SOL could potentially reach a high near the next long-term resistance level at $145. However, it's important to note that market conditions can change.
đ Before May SOL hit 300$.
Finally words the technical analysis on the daily chart suggests a bullish outlook for SOL, with the potential for further upward movement towards the $145 resistance level.
