Remember that incredible Solana rally back in November? 📈 After a powerful breakout on November 6th, SOL soared a fantastic 46% all the way up to a peak of $264.50 on November 22nd. But like all good things, it had to come down a bit.
Now, it looks like the entire crypto market is taking a breather, possibly anticipating the upcoming presidential inauguration.
But here's the good news for SOL holders:
We're likely looking at a temporary dip. Solana is showing signs of strong support between $176.50 and $182.50. This is like a sturdy foundation for the next leg up!
So, what can we expect from Solana in the coming weeks?
Get ready for another exciting ride! 🎢 We're targeting a potential surge towards $210, then aiming even higher for $230, and finally reaching for the stars at $253-$254.
Want to see the full picture?
Check out the chart for a detailed analysis!
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Let's ride this Solana wave together! 🚀
Disclaimer: This is not financial advice. Always do your own research before making any investment decisions.