Solana's price is showing signs of a potential rally towards $190, despite recent struggles to maintain key support levels. After hitting a multi-month low, SOL rebounded 7.7% to $125 on Friday, recovering from a 9% drop the previous day. Analyst Crypto Batman noted a bullish divergence on the 3-day chart, reminiscent of the Q2 bottom, suggesting a possible recovery.
However, Crypto Scient cautioned that the rally might not surpass higher range lows on the first attempt. Rekt Capital emphasized the importance of the $123 support level, warning that a close below this threshold could indicate a breakdown. Currently, Solana is trading at $126, marking a 3.4% decline for the week.
Solana Eyes $190 Rally Amid Key Support Challenges
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