🚨 Solana Breakout Watch
$SOL is forming a textbook cup & handle pattern near $150 — a bullish continuation setup.
🔎 What’s happening:
• Strong support at $147–150
• Potential breakout range: $155–160
• Price reclaimed 50 EMA, breaking trendline resistance
📊 Catalysts:
• REX Solana Staking ETF buzz
• Strengthening on-chain metrics
• Community sentiment 82.8% bullish
🎯 Targets:
• Short-term: $160–168
• Mid-range: $177–181
• Long-term: $200+ by mid-2025
⚠️ Risks:
• $160 resistance
• Whale distribution
• Market cap drop (currently 6th)
Volume confirmation is key. Eyes on the $155–160 zone.
