The chart shared by Solana Sensai indicates that Solana exhibits a rising channel pattern, with its price remaining above the $180 mark. According to the seasoned analyst, this positioning could be the setup for a rebound to $230 and pos $290.
At the time of writing, Solana was trading at $204, demonstrating a nearly 6% increase in the last 24 hours. Its trading volume has risen sharply by over 103% in the past day, indicating growing optimism among investors and traders.