28-05-2024 04:58 via newsbtc.com

Solana (SOL) Eyes a Strong Comeback: Will the Rally Ignite a Surge?

Solana found support near the $160 zone. SOL price is slowly rising and might gain bullish momentum if it clears the $172 resistance zone.SOL price corrected lower and tested the $160 support zone against the US Dollar.
The price is now trading above $165 and the 100-hourly simple moving average.
There was a break above a key bearish trend line with resistance at $164 on the hourly chart of the SOL/USD pair (data source from Kraken).
The pair could clear the $172 resistance unless it fails to st
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