Solana Breaks Through Resistance at $189: Analyst Sees Breakout Potential

Analyst @ali_charts predicts Solana (SOL) could reach new highs after breaking through resistance at $189, according to a chart highlighting strong accumulation around that level. Historical data shows SOL’s potential with a 2021 peak above $60 and recent on-chain activity indicating investor buy-in around $129.79. This bullish outlook contrasts with some technical analyses that highlight bearish momentum around $160. Analysts, however, are confident this breakout could lead to SOL hitting new all-time highs. However, market sentiment and broader crypto trends remain key factors in determining Solana’s future.