Solana Price Shows Signs of Life, Eyes Breakout Above $140

Following a recent downward trend, Solana (SOL) is experiencing a brief resurgence. The cryptocurrency has risen 4.17% in the last 24 hours and trades around $135. This upward movement comes as it attempts to break free from a descending channel formed over the past weeks. Solana’s price action now tests crucial levels as it moves above short-term indicators, facing local resistance at the top of the channel.