#ETFWatch 🆓 Trading Signal 🚥 🆓
🚨 Solana ($SOL) Set to Break $200! 🚀
Market Analysis:
📊 Solana has surged 5.75% in the last 24 hours, reaching $133.55.
📈 With a market cap of approximately $68.12 billion, SOL is one of the top 5 cryptocurrencies.
Price Analysis:
📊 SOL is currently consolidating in a symmetrical triangle pattern.
🔄 The market sentiment is positive, with traders focusing on the $134 level.
Key Levels:
🚫 Major Resistance: $137.87, $149.65, $162.58
🛑 Intraday Support: Lower trendline, $125.94, $113.16
Technical Indicators:
📊 Stochastic RSI: 90.79/95.36 (overbought)
🔄 Potential for trend fatigue and short-term pullback.
Price Targets:
🎯 R1: $137.87
🎯 R2: $149.65
🎯 R3: $162.58
🔝 Technical Goal: $165-170 (upward breakout) or $100-105 (downward breakdown)
Market News:
📊 Wall Street's Solana Futures ETFs are live, adding bullish pressure.
📈 The first Solana futures ETFs tracking altcoins come with expense ratios of 0.95% and 1.85%.
