Hey Striver ๐
๐ช Solana just caught an ETF-fueled solar flare โ now itโs staging a retest under pressure before its next thrust upward.
$SOL is trading around $154, up about +4% in the last 24 hours and +6โ7% over the past week. Daily volume is in the $4โ5B zone, with market cap near $82โ83B.
๐ฏ Trade Plan (Long)
โข Entry: $152 โ $153
โข TP1: $160
โข TP2: $168
โข SL: $145
๐ Key Notes:
Solana spiked nearly +4% following the launch of the first staking ETF, briefly touching ~$161 before pulling back into the $150โ$155 range. Institutional flows are prominent, with over $100M in fresh treasury and convertible funding signaling big-player interest. Technically, SOL is consolidating after a strong move โ volume remains sturdy, RSI is stable, and MACD supports continued upside. As long as $145 holds, the structure supports a continuation to $160 and beyond.
โ Final Verdict:
Go long. ETF momentum, institutional inflow, and a clean consolidation setup all point to continuation. Risk is clearly defined โ time to act, not hesitate.
We donโt FOMO. We position.
๐ Whatโs next on the radar? Letโs get it โก๏ธ
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