#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.