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Solana (SOL) Bulls Charge: May Price Targets After Technical Breakout
Solana (SOL) Bulls Charge: May Price Targets After Technical Breakout
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Solana’s SOL token is painting green on the charts—again. After shrugging off last month’s network hiccups, the Ethereum rival just cleared a critical resistance level. Traders are now eyeing Fibonacci extensions as the next profit-taking zones.
Key drivers? Memecoin mania keeps SOL’s DeFi ecosystem buzzing, while institutional players quietly accumulate—despite Wall Street’s latest ’blockchain is just a spreadsheet’ hot take. With Bitcoin dominance wobbling, altcoins like SOL could ride the risk-on wave.
Watch the $180-$200 zone. A clean break here might trigger FOMO rallies toward its April ATH. Just don’t tell the ’fundamentals matter’ crowd their technical analysis voodoo is working.
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