Solana (SOL) Price Targets $245.90: Weekly Close to Decide Bullish Continuation

$SOL Solana trades at $214.55 as it approaches critical $245.90 resistance, with weekly close determining potential bullish breakout or pullback to support levels.
Solana has been gaining momentum recently, putting bulls in an optimistic mood as the token approaches a make-or-break technical level. With SOL now trading near $214.55, all eyes are on whether it can push through the key resistance zone that could unlock significant upside potential.
✨Solana (SOL) Price Nears Key Resistance
SOL is currently trading at $214.55, up 4.16% and showing solid weekly momentum. The token has bounced nicely from support levels and is now eyeing the crucial $245.90 resistance zone.
Trader @Karman_1s points out that this level will be the real test for bulls. A clean weekly close above $245.90 could flip market sentiment bullish and open the door to higher price targets.
Bulls shouldn't get too comfortable just yet. There's a bearish Fair Value Gap (FVG) zone that could cause problems before any breakout happens. If SOL gets rejected here, we might see it drop back to the $185-$190 support area, which lines up with the 0.5 Fibonacci level.
Volume and momentum indicators will be key in determining whether Solana can power through this resistance or if we're due for a pullback first.
✨Long-Term Outlook for Solana (SOL) Price
Solana's fundamentals remain solid with a growing DeFi ecosystem and increasing developer adoption. If SOL breaks above $245.90, analysts are eyeing the $280-$300 zone as the next major target area.
But if bulls lose steam, SOL might need to consolidate longer before making its next big move upward.