$SOL – Big Move Brewing!
SOL is trading around $148.54, slightly down today, but the setup looks explosive.
Technical Setup:
Solana is showing a textbook cup & handle pattern around $150. Price has been holding the $147–150 support zone strong, and the next breakout range is lining up between $155–160.
What’s Fueling the Fire:
#REX Solana Staking #ETF rumors gaining traction
Breakout above the trendline + reclaimed the 50 EMA
On-chain data looking strong
Targets:
$160–168 (short-term)
$177–181 (medium-term)
$200+ possible by mid-2025
Risks to Watch:
Strong resistance at $160
Possible whale selling
Market cap has slipped to 6th — something to monitor
Sentiment Check:
About 82.8% bullish — smart money is focused on re-entry zones around $147–150. Volume will be key to confirm the breakout.