Several technical indicators are flashing bullish for SOL price, and analysts believe a rally to $260 is the next step.
Key takeaway:
SOL technical chart setups converge on the $260 price target.
After soaring to a six-month high of $209 last week, Solana (SOL) retraced as much as 16% to a low of $175 on Tuesday. The SOL price has since rebounded to the current level of $180, with multiple indicators suggesting that its uptrend toward $260 remains intact.
