Solana chart hints at 180% rally to $300 if key technical trend holds

Key takeaways:Historical chart patterns and the Fibonacci Retracement metric hint at a Solana price rally to $300. Solana’s $7. 5 billion in futures open interest and negative funding rates could be a sign that a powerful short squeeze is in the making. Solana (SOL) price tested the $180 resistance level on May 11, but it has since consolidated below this key threshold and appears unable to establish a sustained bullish position source: https://cointelegraph.com/news/solana-chart-hints-at-180-rally-to-300-if-key-technical-trend-holds?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound