๐Ÿš€ Solana Breaks Out โ€” ETF Buzz Ignites Bullish Momentum

Solana ($SOL ) has broken out of its declining trendline and now trades above $151, signaling a bullish trend. The move comes as REX Shares files for a Solana Staking ETF with the SEC โ€” potentially the first SOL-based ETF on the market.

๐Ÿ”ฅ Key Drivers:

REX-Osprey ETF to offer staking income via on-chain rewards

SEC filings submitted, suggesting a launch is near

Bloombergโ€™s Eric Balchunas: โ€œThey appear ready to launch. Amazing.โ€

๐Ÿ“Š Technical Outlook:

SOL above 50-day EMA and rising

RSI at 52 โ€” bullish territory

MACD crossover supports buying momentum

Next resistance: $160, then $184.13

Key support: $141.41

A confirmed break above $160 could open the door to $184+ in the short term. Eyes are on the SEC now โ€” ETF approval could send SOL soaring.

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