12-03-2024 06:08 via newsbtc.com

SOL Price Breaks $150 – Why Solana Could Soon Test $180

Solana is gaining bullish momentum above $150. SOL price is showing positive signs, and it could even surpass the $162 resistance in the near term.SOL price started a fresh increase from the $138 support against the US Dollar.
The price is now trading above $150 and the 100 simple moving average (4 hours).
There is a connecting bullish trend line forming with support at $140 on the 4-hour chart of the SOL/USD pair (data source from Kraken).
The pair could continue to rally if it clears the $156
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