
Solana (SOL) has been consolidating beneath the $155 resistance level, sparking questions about whether a bullish break could be imminent.
The cryptocurrency started to rise after it broke above the pivotal $132 support zone and the 50-day simple moving average. A steady increase allowed Solana to reach new heights, eclipsing the $142 and $145 resistance levels. Despite this gain, the uptrend was capped at the $155 resistance.
Source: coinchapter.com