Solana Flashes Strong Bullish Signal: Is a 1,300% Repeat in the Cards?
Solana (SOL) has just confirmed a major buy signal from the SuperTrend indicator on the weekly chart — the same signal that kicked off a 1,300%+ rally in 2023, when SOL surged from $20 to nearly $300. In the current recovery, SOL is up more than 60% since early August, tagging strong resistance at $250 before pulling back to around $237. Analysts say that if SOL holds above $220, the uptrend remains intact, with an immediate target of $300 and a longer-term eye toward $1,0
Solana (SOL) has just confirmed a major buy signal from the SuperTrend indicator on the weekly chart — the same signal that kicked off a 1,300%+ rally in 2023, when SOL surged from $20 to nearly $300.
In the current recovery, SOL is up more than 60% since early August, tagging strong resistance at $250 before pulling back to around $237. Analysts say that if SOL holds above $220, the uptrend remains intact, with an immediate target of $300 and a longer-term eye toward $1,000.
Solana's bullish momentum is further supported by growing interest from Solana-focused investment funds and rising expectations around a spot Solana ETF in the U.S. That said, profit-taking pressure and short-term overbought signals could keep price oscillating in the $220–$250 range before any breakout materializes.
👉 Can Solana repeat its 2023 explosion? Investors are watching every move, looking for their entry.