Solana: After the Surge, Time for a Correction?

Last week was particularly intense with the bullish breakout from the channel we had identified. Following this breakout, Solana continued its upward momentum, reaching a new high at $295. This represents an impressive 50% increase, from the breakout level just below $200 to this new ATH (all-time high).
However, this bullish extension was halted by this key resistance level, leading to a pullback. We are now in a corrective phase, which could potentially find support around the $210 level. This area appears to be a strategic zone for a potential rebound and new buying opportunities.


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