📊 #SOL/USDT — 1‑Hour Chart Insight
Current price: ~$149.29, just below the recent peak at ~$153.89.
Indicators show a tightening range between $145–$154, with a symmetrical triangle forming — classic compression before a breakout. RSI sitting mid‑range (~53), hinting at poised momentum.
🚀 Solana’s Bull Case—Fresh News
🔹 New Solana staking ETF (REX‑Osprey SSK) debut sparked volatility—sold-off early (“sell the news”) but has attracted $20M+ in opening-day volume, with SEC fast-tracking spot-SOL ETF filings by end‑July .
🔹 Technicals are flashing bullish: double bottom + cup‑and‑handle formations point to targets between $260–$300 if SOL breaks above $175 resistance .
🔹 On‑chain momentum: Q2 revenue hi📈 SOL is heating up – triangle tightens, eyes on breakout!
🔸 Price consolidating between $145–$154, RSI mid-range – clear setup for breakout
🔸 REX‑Osprey SOL staking ETF sparks action—$20 M+ launch volume, SEC fast-tracking spot‑SOL filings
🔸 Bulls stacking technicals—double bottom & cup‑and‑handle aiming at $260–$300
🔸 Solana leads on-chain growth: $271 M Q2 revenue, tokenized stock market at $48 M, TVL climbing