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Solana is gaining momentum again, with a price pushing up to the level of $ 175 for the first time in weeks. The move comes at a time when the encryption markets return to life, which is fed by pushing Bitcoin above $ 100,000 and raising etherum explosive across $ 2,500. Solana increased by more than 20 % last week alone, indicating a strong demand and renewed ups in both merchants and investors.
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Big Cheds’s best analysts have a technical analysis revealing that Solana is now achieving strong progress in a main place – the underside of the DMA 200 (DMA). The original is also approaching the highest level less than $ 180, which was previously resistance during the last failed attempt. Cheds notes that the restoration of this area will be a great victory for bulls, which may lead to a sharp continuation of high levels.
The market feeling optimistic through the painting, and the technical preparation of Solana reflects this shift. As the price approaches 200dma, all eyes revolve around whether Sol can carry this momentum and penetrate the main levels of joining the wider market march. The coming days will be decisive to confirm the reflection of the complete direction.
Solana is approaching the pivotal level with the outbreak of bulls
Solana shows a renewed power after a clean outbreak over the $ 160 resistance area, which is the level that crowned for several weeks. The Soul’s boom has brought to a critical area that could serve as a pivotal point – either igniting a new rise or on the occasion of a temporary summit before recovery.
With global tensions remaining between the United States and China and the doubts of the wider macroeconomic economy, the encryption market is still subject to sudden feelings. However, the recent price procedures in Solana, along with Bitcoin and Ethereum, indicate that investors are increasingly optimistic about the continued market recovery.
Solana’s current structure reflects this optimism. The asset now tests the underside of the 200th daily moving average, a level that traders often see as an indicator to determine the direction. The successful batch above this moving average will add more confidence to the upholstery. Meanwhile, Solana is close to a lower rise near the $ 180 region, as the price was previously rejected in March. Cerez refers to This rapprochement as a decisive area: The penetration here can represent the beginning of a larger reflection pattern.
However, the risks remain. At the level of $ 180, rejection can strengthen the resistance and lead to a withdrawal towards supporting $ 160, especially if the total conditions are exacerbated or groups to achieve profits. However, the bulls seem to control control, and the technical scene supports a possible continuation-if the momentum is carried.
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Technical levels: Prices show the strength
Solana (Sol) shows a strong momentum as it is trading at $ 176.41, which is advancing towards a decisive resistance area around the level of $ 180. The Daily Chart explains that Sol has rapidly increased from its lowest level in April, as it broke over both EMA for 200 days (161.67 dollars) and approached SMA for 200 days ($ 181.10), a major field that can determine the next main direction.
This region has worked as support and resistance several times in the past, especially during the second quarter of 2024 and early 2025. Now, with the price return to this range, it becomes a possible pivotal point. If the bulls can keep the pressure and close it over $ 181.10 with confirmation of the size, this may continue to continue about 200 dollars and possibly re -test the highest levels of February over $ 260. However, failure to break this range can push rejection and monotheism less than 200 SMA.
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The size has increased dramatically over the past few days, indicating the high interest and participation of merchants. This is a constructive sign where Solana tries to restore a higher floor. Currently, the trend is still optimistic, but the eyes are in a resistance area from 180 to 185 dollars to confirm whether Sol has the power to continue collapse or face a short -term decline.
Distinctive image from Dall-E, the tradingView graph
The post Solana Rallies Into Pivotal Zone – $180 Level Could Define Next Move first appeared on Investorempires.com.
