#solana $SOL
📊 Recent Price Action
• Current price is approximately $154.65, an increase of about +1.7% over 24 hours .
• Highest level of the day: $155.12, and lowest level: $149.98 .
🔍 Technical Analysis
1. Technical Indicators )
• “Strong Buy” recommendations from most indicators and moving averages: RSI around 62, positive MACD, and everyone is in “Buy”
2. Key Technical Resistance
• Nearby resistance at $164, breaking it could open the way towards $180–200 .
• Most significant daily resistance also around $154–157.5 .
3. Key Technical Support
• Current support levels between $149–146.5, breaking below $144 may threaten a drop towards $137–129 .
4. Short Time Frame (4 hours)
• Need to close above $153 to maintain bullish momentum, enhancing the possibility of reaching resistance at $164 .$SOL
📰 Fundamental and Market Factors
• Preparing for the launch of the SOL Staking ETF (REX–Osprey), boosting confidence among investors .
• Increased CME activity in SOL futures contracts, indicating growing institutional interest despite some reservations about MEV and technical points .
🎯 Near-Term Outlook
• Positive Scenario:
• Closing above $154–157 opens the way towards $164, and if volume increases, it may test $180–200 ().
• Negative Scenario:
• Breaking below $149 risks a drop towards $146.5, and the decline may extend to $137–129 if selling pressure continues.