Solana Price Prediction: Breakout or Pullback? Participants’ Eye $150–$210 Levels Closely
The post Solana Price Prediction: Breakout or Pullback? Participants’ Eye $150–$210 Levels Closely appeared on BitcoinEthereumNews.com. SOL Solana price faces a decisive moment as price tests the $210 resistance zone, with institutions eyeing a $1B buy and participants watching for a breakout or pullback. Solana is back in the headlines, this time with whispers of a massive $1B institutional purchase led by Galaxy, Jump, and Multicoin Capital. A buy of that scale could do more than just make waves. At the same time, Solana’s chart is starting to show signs of life. Price has been pressing against heavy resistance near the $210 zone, a level that has capped rallies several times before. Institutions Eye $1B Solana Purchase A major development has surfaced for Solana, with Bloomberg reporting that Galaxy, Jump, and Multicoin Capital are exploring a $1B purchase of SOL. Such large-scale interest from institutional players underscores how Solana is being viewed as a possible investment front. Solana faces a potential $1B institutional buy-in that could trigger rapid price repricing and spark strong upside momentum. Source: SolanaFloor via X From a market view, a $1B buy would quickly push the price higher by creating strong demand while reducing the amount of SOL available. Such heavy buying pressure could force the market to reprice fast, sending SOL into higher levels in the short term. Solana Weekly Chart Signals Key Breakout Despite skepticism from parts of the market, Solana’s weekly chart is beginning to take shape for what analyst Trader Koala calls a “hated rally.” Price is pressing directly into horizontal resistance around the $210 level, an area that has acted as a ceiling on multiple occasions. The weekly candles show higher lows forming beneath this range, suggesting that buyers are quietly absorbing supply while sentiment remains cautious. Solana’s weekly chart presses into the $210 resistance zone, with higher lows hinting at a breakout towards $240–$260. Source: Trader…
The post Solana Price Prediction: Breakout or Pullback? Participants’ Eye $150–$210 Levels Closely appeared on BitcoinEthereumNews.com.
SOL Solana price faces a decisive moment as price tests the $210 resistance zone, with institutions eyeing a $1B buy and participants watching for a breakout or pullback. Solana is back in the headlines, this time with whispers of a massive $1B institutional purchase led by Galaxy, Jump, and Multicoin Capital. A buy of that scale could do more than just make waves. At the same time, Solana’s chart is starting to show signs of life. Price has been pressing against heavy resistance near the $210 zone, a level that has capped rallies several times before. Institutions Eye $1B Solana Purchase A major development has surfaced for Solana, with Bloomberg reporting that Galaxy, Jump, and Multicoin Capital are exploring a $1B purchase of SOL. Such large-scale interest from institutional players underscores how Solana is being viewed as a possible investment front. Solana faces a potential $1B institutional buy-in that could trigger rapid price repricing and spark strong upside momentum. Source: SolanaFloor via X From a market view, a $1B buy would quickly push the price higher by creating strong demand while reducing the amount of SOL available. Such heavy buying pressure could force the market to reprice fast, sending SOL into higher levels in the short term. Solana Weekly Chart Signals Key Breakout Despite skepticism from parts of the market, Solana’s weekly chart is beginning to take shape for what analyst Trader Koala calls a “hated rally.” Price is pressing directly into horizontal resistance around the $210 level, an area that has acted as a ceiling on multiple occasions. The weekly candles show higher lows forming beneath this range, suggesting that buyers are quietly absorbing supply while sentiment remains cautious. Solana’s weekly chart presses into the $210 resistance zone, with higher lows hinting at a breakout towards $240–$260. Source: Trader…
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