$SOL

SOLUSDT

دائم

135.95

-2.51%

Solana Price Forecast: SOL closes above key resistance level

Solana price broke above the upper trendline of a falling wedge pattern (drawn by joining multiple highs and lows since early October) on December 26, rose slightly, but failed to close above the weekly resistance at $126.65 toward the end of December. On Thursday, SOL rose 2% and closed above this resistance level; as of Friday, it remains above $126.86.

If the $126.65 weekly level holds as support, SOL could extend the rally toward the next daily resistance at $160.

On the other hand, if SOL fails to find support at $126.65, it could extend the decline toward the December 18 low of $116.88 #WriteToEarnUpgrade #MyCOSTrade