3 SOL data points suggest $130 was the bottom: Is it time for a return to range highs?

Charts and onchain data suggest that SOL might have bottomed at $130. Should traders anticipate a rally back to $200?

Key takeaways:

Solana’s rebound from its weekly support at $130 signals a potential price recovery to $250.

An increase in open interest and spot demand signals the return of buyers into the market.

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