Solana Surges Over 28% After Flash Crash, Analyst Targets $330
Solana (SOL) has recovered over 28% following a flash crash, positioning it as a leading asset in the crypto market. Analyst Jelle noted that SOL has broken its downtrend and reclaimed significant support levels, suggesting a potential bullish continuation.
Key Points
- In 2024, Solana surged over 170%, indicating strong resilience.
- SOL is currently testing resistance around $222; breaking this could lead to further price appreciation.
- Analyst's target for SOL is $330, which would initiate a price discovery phase.
- Falling below $222 may result in consolidation, delaying upward momentum.
