Solana (SOL) swiftly recovered from a flash crash, gaining over 28% in less than five days. This resurgence stoked investor optimism, with many eyeing continued bullish trends. Expert analyst Jelle noted Solana's breakout from a prolonged downtrend, pointing to reclaimed monthly and weekly support levels—a sign of sustained momentum and possible future gains.
In 2024, Solana excelled, surging more than 170%. As 2025 commences, optimism remains high, fueled by its market-leading performance. Jelle’s analysis anticipates a target of $330, signaling a phase of price discovery and potential resilience. Breaking the $222 resistance and holding $250 could lead to a bullish breakout and new all-time highs.
Conversely, failing to surpass these levels may pause Solana's rally, offering a foundation for future growth. Current market movements remain pivotal for Solana’s future trajectory.