Is Solana Gearing Up for a Major Move This Week?

Solana (SOL) is showing strong momentum as BTC holds above key support. Here's what I'm watching:

Daily trend is bullish — SOL is forming higher lows since last week.

Strong buying pressure around the $130-$135 zone.

Volume spike on DEXes, especially in memecoins like $WIF and $BOME.

If BTC stays stable, I expect SOL to test $160+ this week.

Key Levels:

Support: $135

Resistance: $160-$165

Breakout zone: Above $165 = next target $180

My Play:

Accumulating small bags under $140 with tight stop-loss. Not financial advice – just sharing my strategy.

What do you think?

Bullish or Bearish on SOL this week? Let’s discuss.

#Solana #CryptoWatchMay2024 #Altcoins #MarketInsights #tradingview