đ„ Solana Breakout Analysis: Is $SOL on Track for $300? đ
After weeks of consolidation, $SOL has finally broken above the $215 resistance zone. This move, backed by strong trading volume and institutional inflows, could push Solana toward $260â$275, and potentially $300 in the coming weeks. đ
đ Key Signals
â Golden Cross: 50-day MA crossing over 200-day = Bullish
â $3B Institutional Demand: Galaxy Digital, Jump Crypto, Pantera Capital backing $SOL
â DeFi + NFT Growth: Strong network activity fueling adoption
â ïž Risks
âą Support at $200â$205 must hold
âą Breakdown below $200 could drag $SOL back to $190â$180
đŻ Targets Ahead
âą Near-Term: $260
âą Mid-Term: $275
âą Bullish Goal: $300+ đ
đ Do you believe this breakout is the start of a mega bull run for $SOL, or just another short-lived rally? Share your opinion âŹïž
