Solana (SOL) is currently in a critical price range. Although the volume is low, causing the pump rate to slow down, the coin price still maintains a strong rise trend.



Currently, SOL is facing an important resistance level at $216, which has not been broken yet. However, market analysts predict that if the overall cryptocurrency market continues to rise, it may drive SOL to break through this key level.

From a technical analysis perspective, a key support level has formed around $205. Investors can look for retracement opportunities between $205 and $207. If it can break through the $216 resistance level, the next target price may be around $221.

It is worth noting that although the short-term trend of SOL may be influenced by overall market sentiment, in the long run, the continuous development and technological innovation of the Solana ecosystem may provide stronger support for its price. Investors should comprehensively consider various factors such as market trends, technical analysis, and project fundamentals when making decisions.
SOL5.58%
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