Solana Price Prediction: Bulls Eye $155 as Breakout Aligns With Rising Net Inflows
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Solana's price has broken a multi-week trendline, trading near $143, as it targets the $149 to $155 resistance zone. Positive sentiment is demonstrated by $29.6 million in net inflows and increased futures open interest, indicating a bullish market outlook.
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- Solana breaks a multi-week trendline as buyers target the $149 to $155 resistance zone.
- Net inflows return, with $29.6 million entering the market as sentiment turns bullish.
- Futures open interest jumps, showing traders adding fresh long exposure rather than closing shorts.
Solana price today trades near $143 after breaking above a descending trendline that has capped every rally since early November. The move gives buyers their first clean technical victory in weeks, supported by a surge in futures open interest and positive net flows that hint at improving risk appetite across the market.
Trendline Break Signals Short Term Strength
On the 4 hour chart, Solana has pushed above the descending trendline and is pressing toward the 200 day EMA near $149. That area now acts as the first major resistance cluster. The 20, 50, …
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