The Solana (SOL) price experienced a noteworthy increase of 7.64% in the past 24 hours, as per CoinStats data. This surge has sparked discussions amongst analysts about its potential trajectory in the coming days. Analyzing the hourly chart, experts suggest that SOL might have encountered resistance around $174.67, indicating limited scope for significant volatility tomorrow. The longer-term outlook remains less clear, with Solana’s price remaining relatively distant from key support and resistance levels. Traders are advised to closely observe how the current bar closes in relation to its peak, as a high wick could signal a shift towards bears, potentially leading to a correction toward the $160 range. Similar trends can be observed on the weekly chart, where a bullish trend is expected if the closing price remains near its current level. A test of the $200 mark might follow.