Solana Eyes $210-$218 Breakout; $172-$176 Support Is Key
I see Solana setting up for a bullish continuation: technicals point to a potential breakout toward $210–$218 within the next two weeks. The current consolidation looks like a pause rather than a trend reversal.
Immediate support between $172–$176 is critical — holding that zone should keep the breakout scenario intact, while a decisive break below it would invalidate the bullish thesis.
I would treat near-support dips as the best buying opportunities and manage risk tightly with a stop below the $172 area if the plan is to chase the breakout.
Analysis
Recommendation
Watch the $172–$176 support closely and consider buying on weakness near that zone with a stop below $172; target range $210–$218 and size positions to account for short-term volatility.
Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.