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Continuing with the analysis of #Solana $SOL 🔥
Solana is maintaining strong momentum, heading toward the $253–$260 resistance zone, with short-term technical trends still leaning bullish.
• RSI (14) at 57.6 indicates growing buying momentum without being overheated.
• MACD confirms a bullish crossover, reinforcing the upward trend.
• Support: $227–$230
• Resistance: $242, $253, $260
A breakout above $260 could pave the way toward $270–$300 in Q4, especially if Solana spot ETPs gain approval in the U.S.
However, watch out for potential risks from the FTX asset unlock expected in March 2025.
#EdgenTech