Is $SOL Set to Breakout Above $160? Here’s the Real Deal 🚀

📊 $SOL is trading at **$157.29**, up ~2.2% today with a range between $153.16–$159.15. Quiet build-up or explosive move incoming?

🛠️ Technical Setup:

- Symmetrical triangle forming — squeeze brewing between $150–$153 and $159–$160 resistance

- DMI and RSI trending upward — signs of bullish momentum taking hold

- 200‑day EMA around ~$159 — tough ceiling, but breaking through could target $165–$172 next

📈 On‑chain Edge:

- Solana matched ALL other L1 + L2 chains combined in June — surging network demand

- Daily active addresses spiked above 14M — most seen in months — healthy accumulation

📰 Fundamental Catalysts:

- U.S. SEC just issued new ETF guidance—shortening approval timelines (~75 days), including for Solana products

- REX-Osprey Sol + Staking ETF already pulled ~$12M on debut—confirmation of institutional interest

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**So — what’s your strategy?**

🔘 ✅ Bullish — buy the breakout above $160–$161

🔘 🟠 Wait for a retest near $150–$153

🔘 ⚠️ Bearish — fade near the 200‑EMA resistance

👇 Drop your pick & reason — this heat check is LIVE!

#Solana #ChartAnalysis #CryptoTrading #AltSeason