Solana (SOLUSD) is currently trading around $190, and technical analysis suggests it may be on the path to doubling in price toward $380. This projection is supported by both a bullish ascending channel and Fibonacci extension levels, providing confluence for an extended rally.
Using this combined strategy, I’ve identified 4 key targets:
Target 1: 0.786 Fib – 205.99 - mid-range target within the upper half of the channel
Target 2: 1.272 Fib – 328.42 - aligns with historical breakout levels
Target 3: 1.618 Fib – 415.57 - Last Fibonacci Targets
Target 4: projected top of the current channel near 482.24
Beyond the technicals, Solana’s ecosystem continues to outperform many other Layer 1 chains, offering faster transaction speeds, lower fees, and robust DeFi and NFT activity. This fundamental strength supports the technical bullish thesis.
As always, breakout confirmation and volume are key. Manage risk accordingly.
Using this combined strategy, I’ve identified 4 key targets:
Target 1: 0.786 Fib – 205.99 - mid-range target within the upper half of the channel
Target 2: 1.272 Fib – 328.42 - aligns with historical breakout levels
Target 3: 1.618 Fib – 415.57 - Last Fibonacci Targets
Target 4: projected top of the current channel near 482.24
Beyond the technicals, Solana’s ecosystem continues to outperform many other Layer 1 chains, offering faster transaction speeds, lower fees, and robust DeFi and NFT activity. This fundamental strength supports the technical bullish thesis.
As always, breakout confirmation and volume are key. Manage risk accordingly.
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La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.