Solana Price Sharp Up 10%, Bulls Dey Eye $200 Breakout
Solana price jump almost 10% after e bounce from di $175 support zone. SOL price climb pass $180 and $190 wit strong bullish momentum reach high of $199. Di token dey trade above di 100-hour simple moving average and di 23.6% Fibonacci retracement level. Immediate resistance dey for $200; clear break fit target $205 and $212. For downside, support zones dey $194, $186 (50% Fib) and $180. Hourly technical analysis dey show di rally: MACD dey bullish and RSI dey above 50. Traders go dey watch for strong close pass $200 to confirm breakout and push Solana reach $220 mark.
Bullish
Solana near 10% rally plus e break key resistance levels dey signal say bullish momentum go continue. The break above $178 trend line plus strong performance for MACD and RSI mean say buying pressure dey steady. Normally, SOL don extend gains after similar consolidation pass critical moving averages. If e close decisively above $200, e fit trigger more upside go $220, confirm medium-term uptrend. Even though small pullbacks for resistance fit happen, overall technical setup dey favor bulls, wey fit boost market confidence and trading activity.