Solana’s $150 Zone: Accumulation or Trap? Here’s My Playbook
$SOL is hovering around $150 after a choppy April, but the sideways grind has me intrigued. Last time Solana consolidated at this level, it set up a 30% breakout - but network congestion and falling on-chain revenues have spooked some traders.
Here’s my move: I’m watching for a clean breakout above $156 with real volume. If it fakes out, I’ll wait for a dip to the $140–$145 range to accumulate. No FOMO - just calculated entries.
How are you trading $SOL in this chop?
Are you bullish or bearish on SOL for May? Share your strategy!