Solana has started a fresh increase, moving above the $240 resistance, and is now trading above $250, aiming for a fresh rise past $262. This momentum is supported by a break above a bearish trend line in the SOL/USD chart.
The price action suggests potential gains, with major resistance levels at $262, $272, and $280, which, if surpassed, could push prices toward $300.
If Solana fails to break $262, it might decline with support at $240 and $230. Technical indicators like the MACD and RSI reflect bullish sentiment.
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