#SOLETFsOnTheHorizon SOLETFsOnTheHorizon Should you buy $SOL now?

$SOL has been all the rage 🔥 recently and with all the news about ETF launches (Grayscale recently applied to the NYSE to launch a SOL ETF in the US), you're feeling FOMO but unsure of what reasonable price to buy at 🤔. Below I perform a Fib retracement analysis to provide a rough understanding of SOL's potential.

Overall, SOL is experiencing an uptrend ✨- SOL is forming lower peaks and higher valleys, and is preparing for a breakout in the near term. But when 🤔? If SOL can hold the 38% resistance level, which is roughly 243 USDT, SOL could break 🚀 in the week around January 31st and potentially form a new ATH, with a target of >286 USDT.

So, between 259 USDT (26% resistance level) and 243 USDT is reasonable 👌, while between 230 USDT (50% resistance level) and 243 USDT is a very good price to buy 😀🔥.