$SOL
#BinanceHODLerLA SOL’s narrowing range suggests a potential range expansion in the next few days. The possibility of an upside breakout remains high as the bulls buy on every minor dip.
Fidelity Investments’ proposed spot Solana
SOL
$157.51
exchange-traded fund has been delayed as the US Securities and Exchange Commission has asked for public comments within 21 days and rebuttals within 35 days.
Bloomberg ETF analyst James Seyffart said in a post on X that the delay was expected. In another post, Seyffart said that “interactions between the SEC and issuers/exchanges should be viewed positively.”
Could Solana rise above its overhead resistance in anticipation of a possible approval down the line? Let’s analyze the charts to find out.