- Solana tests $150+ level as analyst eyes $327 breakout and staking boost.
- SOL may target $248, $289, $327 if bullish volume and trend sustain momentum.
- Rose Premium predicts major Solana breakout after 546 days of consolidation.
Solana (SOL) is catching fresh attention as traders look for signs of a major rally. After spending more than 500 days moving between $105 and $138, the token is now testing higher levels. The recent weekly candle closed at $151.92, marking a strong gain of over 15%.
Analyst Predicts Breakout as Solana Eyes $327 Amid Staking Optimism
The chart shared by the analyst Rose Premium on X shows possible price targets at $248, $289, and $327. These targets suggest big upside moves if momentum holds.
The analyst believes SOL is entering a new growth phase after a long re-accumulation period. SOL has been stuck below $250, which is a strong resistance area.
Source: X
Also Read | Solana Forms Double Bottom Pattern, Targets $195 After Breakout
The analyst now sees signs that it may finally break through. According to Rose Premium, SOL has been rebuilding strength for 546 days, a long time that shows patience among investors.
A major reason for optimism is the upcoming possibility of staking on Solana. The analyst hinted at this, suggesting new opportunities for rewards and growth on the network.
Solana is characterized by high-speed transactions and developer activity. Including staking opportunities could lead to increased interest in the network.
Analyst Identifies SOL’s Strong Base and Bullish Momentum
From this support zone, a move higher looks possible if trading volume picks up. The analyst also believes that a $500 target is possible for the cryptocurrency. While this sounds bold, crypto markets have shown explosive moves before.
SOL previously reached high levels during strong bull runs, hitting $295 earlier this year. This history gives some hope to fans looking for another big wave.
The analyst also believes SOL will be one of the major gainers in this cycle. Even though its price is still far from $500, SOL’s price moves toward higher resistance levels could help build momentum.
SOL’s next price gains are also related to numerous factors, such as network upgrades and the general market environment. Once Solana maintains a price above $250, its next targets are $289 and $327, or even $500.
Also Read | Solana Bulls Dominate as Long/Short Ratio Exceeds 2.8 Across all Timeframes
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