🚀 Solana (SOL) continues its impressive run, up more than 25% this week alone, approaching key resistance at $25. If this momentum continues, the next target will be $28.
- Main support level: $22, $20
- Major resistance levels: $25, $28
1. Strong upward momentum
After breaking out of the downtrend, SOL started a strong upward momentum, pushing the price close to the $25 resistance level. If this momentum is maintained, the next target will be $28.
2. Is $30 feasible?
The most important resistance lies above $30, which was the previous peak in July. While Solana may have enough strength to reach this level, it would be surprising if the price breaks above this level for the first time.
3. Buying boom after MACD turned positive
The 3-day MACD completed a bullish cross, and buying pressure spiked this week. This is a major shift in market momentum and it could take some time before the SOL corrects significantly.
🐂 The direction for SOL is to increase.
Short-term prediction for SOL price
The biggest targets on the chart are $28 and $30. At this speed, Solana is capable of reaching them. The biggest question is whether SOL can maintain its prices at these levels. In the past, sellers entered strongly after the price reached $30.