š $SOL / USDT Market Update
ā Current Price: ~$154 (+2% today)
ā Trend: Bullish recovery underway
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š Market Context
Recent Performance:
May High: $187
June 22 Low: $125 (strong support tested)
Current rebound: +22% from June low
Key Drivers:
Growing institutional interest
Adoption of tokenized real-world assets (RWAs)
Rising optimism around potential Solana ETFs
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š Technical Insight
Momentum: Reversal signals strengthening as it holds above critical support zones.
Resistance Levels to Watch:
$158 (minor resistance)
$165
$172
$180+ for medium-term trend reversal continuation
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ā ļø Strategic Note
Institutional flows into RWAs and ETF speculation continue to drive medium-term sentiment.
A clear break and daily close above $158ā$165 would confirm stronger bullish momentum.