Solana Price Prediction: Can SOL Sustain Momentum Above $200?

• Solana maintains bullish momentum while trading within a defined rising channel.
• ETF approval prospects boost institutional optimism, strengthening Solana’s price outlook.
• Support at $200–$190 remains critical for sustaining Solana’s medium-term uptrend.

Solana (SOL) has continued to draw investor attention as its price navigates a rising channel against the US Dollar (SOL/USD) on the daily chart. This pattern highlights a persistent bullish trend, where price oscillates between defined support and resistance levels. 

Recently, SOL approached the upper boundary of the channel, signaling potential profit-taking and a minor pullback. Despite this correction, the trend remains intact, suggesting optimism among traders.

Rising Channel and Key Levels

The current trend channel indicates clear directional momentum. The lower boundary acts as strong support, wh…

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