Solana Price Needs a Breakout: Re-claiming $200 is Key for Reaching $260

Solana’s price action currently faces resistance around the $200 mark, creating a critical juncture in its short-term trajectory. A breakout above this level could signal a significant move towards the $260 target. This level has significance beyond just being a round number: it aligns with previous highs and marks a key zone for sell pressure. Success would confirm bullish momentum, while failure might lead to continued sideways or even minor corrections.