๐ Bullish Signs
Market Sentiment: If Bitcoin continues climbing toward or past its all-time highs, altcoins like Solana usually follow.
Technical Setup: If $SOL breaks and holds above key resistance levels (e.g., $150, then $160+), it could trigger a strong bullish move.
Ecosystem Growth: SOL is gaining traction with meme coins, NFTs, and DeFi projects. This increased activity can drive demand.
โ ๏ธ Risk Factors
Macro Conditions: A sudden market correction or negative global news could pull SOL down.
Resistance Zones: SOL needs to clear its recent highs; failure to do so may lead to consolidation or short-term dip.
โ Key Levels to Watch
Support: $135โ$140
Resistance: $150, then $160
Breakout Target: If $150โ$160 breaks with volume, a move toward $170โ$180 is possible.
---
If you're planning to trade, consider watching for:
Strong volume on breakouts
Bitcoinโs dominance trend
Solana ecosystem news
Trade on here $SOL