Solana Don Break Symmetrical Triangle, E Dey Target $164 Extension

Solana (SOL) don break out from one symmetrical triangle pattern, pass di $153 resistance plus di 0.786 Fibonacci retracement level wey dey $153.54. Di token dey trade around $158 now, e don rise 3% for di day, and e still dey hold above im 50-day and 200-day EMAs. Dis bullish breakout dey aim 1.272 Fibonacci extension at $164, but make e close pass $160 before dem fit confirm say di price go still dey go up. Trading volumes still strong pass $5.2 billion, e dey support di movement and e dey provide entry points. Analysts dey talk say if di price fit maintain above $164, e fit open door for targets between $186 and $200, but if e fall below $147, e fit reverse di trend. Meanwhile, institutional support from 8% allocation for Truth Social Crypto Blue Chip ETF to how Fiserv don adopt Solana-based stablecoin solutions plus di Bullish exchange migration dey add fundamental backing. Traders suppose dey watch di $147 support level to validate trend and manage their risk well well.