In the past week, Solana has outperformed other cryptocurrencies, with a notable return of 4.4%. Demand spurred by meme coins has significantly increased trading volumes, positively impacting SOL’s market presence.
Solana has broken out of a falling wedge pattern, suggesting a bullish trend ahead. Despite current support at 129 USD and resistance at 144 USD, positive momentum indicators imply SOL could aim for higher resistance around 150 USD.
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