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🚨 SOL at $213.12 Eyes on a Breakout
Name: $SOL (Solana)
Price: $213.12
1-Day Target: ~$220
Strong On-Chain Support & Institutional Demand: Solana’s circulating supply is declining as institutional wallets accumulate 13 entities now hold 8.277 million SOL (~1.44% of supply), solidifying a longer-term growth narrative.
Technical Bullish Setup: SOL is forming an ascending triangle, trading between ~$169–$176 and resistance near ~$260 a breakout from this pattern could drive a sharp move upward.
Momentum in Motion: Crypto analysts suggest a potential rally toward $400 in the coming 90 days, driven by fundamentals like network speed, ecosystem adoption, and renewed inflows.
3–4 Day Outlook
Scenario A – Bullish Breakout
Buy above $220 → Aim for $235–$250
Scenario B – Sideways or Pullback
Support holds around $202–$211; breakdown below could test $190–$180 first.
Bottom Line
Solana is building momentum with both technical and institutional tailwinds lining up. If it breaks above ~$220 with conviction, $235–$250 (and beyond) could be within reach in the short term. Climate is setting for a strong move watch the triangle and volume closely.