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Looking at the SOL chart, something interesting is happening. The current price is around $78-79, but technical signals suggest that if SOL can break above the $86 level, there’s a chance to move toward $110. That’s a significant increase from here.
What’s supporting SOL? Capital flows from Solana investment products worldwide remain quite strong. Additionally, trading volume in futures contracts has increased significantly, indicating that traders are paying attention to this coin. When converting the $115 target into Vietnamese dong, it represents a quite attractive price compared to the current level.
However, the overall market still faces pressure. Bitcoin is at $66K, Ethereum around $2K, and XRP has also decreased in the past 24 hours. So, while SOL has potential, it’s important to closely monitor support levels. If SOL stays above $75, there’s still a chance; otherwise, it might test previous lows again.