Solana Rallies 13% In 7 Days: ‘Bullish As Long As $200 Holds,’ Says Veteran Trader

Solana (CRYPTO: SOL) is gaining traction as a strong contender for the next major altcoin rally, with one crypto trader marking a critical level to watch.

What Happened: Crypto analyst DonAlt shared mixed views on Solana’s recent breakout, describing it on X as “not the strongest” but noting that a breakout is still a positive sign.

DonAlt clarified his position, explaining that he would turn bearish if Solana’s price dipped below $180, but remain bullish above $200.

He also pointed out the potential for significant gains, suggesting that this level could spark renewed excitement, as few resistance levels remain.

Despite optimism, DonAlt …

Full story available on Benzinga.com

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