🚀 SOLANA PRICE ALERT: Will SOL Break the $140 Barrier? 🚀

Solana (SOL) is currently trading at $128.13, facing a critical resistance zone between $140 and $145. Strong support is established between $125 and $130.​

Key Factors to Watch:

Institutional Interest & ETF Speculation: The anticipated launch of Solana futures ETFs tomorrow could boost institutional adoption and drive SOL's price upward. ​Reuters+2Yahoo Finance+2Crypto Briefing+2

Technical Indicators: The Relative Strength Index (RSI) is near neutral at 50.1, suggesting a balanced market. The Moving Average Convergence Divergence (MACD) indicator remains bullish, with the MACD line trending above the signal line, indicating potential upward momentum.​

Trade Signals:

Bullish Scenario: A decisive break above the $140-$145 resistance could pave the way for a rally toward the next target of $160.​

Bearish Scenario: Failure to maintain support between $125 and $130 may lead to a decline toward the $120 level.​

Stay Informed: Keep an eye on ETF approval developments, on-chain activity, and broader market trends to gauge SOL's next major move.​

Disclaimer: This is not financial advice. Always conduct your own research before making investment decisions.