Solana (SOL) Price Technical Analysis - Nov, 2024

Solana SOL, priced at currently ($256.83) picked up momentum after breaking out of $249 on Nov. 21st and hit a new all-time high above $264 on Nov. 22nd, breaking from the previous high from 2021.

The new all-time high is a bullish sign as it shows solid demand for the asset from the bulls. With no overhead resistance above the region now, a new high clears the path for further gains. If buyers maintain the price above $248, the SOL/USDT pair is likely to skyrocket to $300.
Chart PatternsTechnical IndicatorsSOLsolanasolanaanalysissolanausdsolanausdtSOLUSDsolusdtsolusdtideasolusdtlongTrend Analysis

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