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🚀 What's happening
Price around $171, peak of the day $175.9, bottom $161.9 – wide and active fluctuations.
0-2Week up: +7% over the last 7 days, strengthening amid alt-season and the rise of BTC/ETH .
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📊 Technical view
318-0Figure: ascending triangle between $162–167 – classic for upward movement .
465-0Indicators: Investing.com – 'Strong Buy' on many timeframes, including daily and weekly .
Key levels:
Support: $162 (bottom of the triangle), $156
584-1Resistance: $167.3; then $178, aiming for $185+ in case of a breakout
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🌱 Fundamentalism
775-0ICO Pump.fun (raising $600 million in 12 minutes) has revived the SOL ecosystem again .
909-0Increase in activity: TVL increased, more users and institutional interest; ETF-staking SOL is stable .
1055-0Market sentiment: alt-season in full swing – institutional investments in Solana are increasing .
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🔮 What to expect next
1171-0If breakout above $167.3 – quick momentum to $178–185, and in a strong trend – $200+; long-term target — $240–260 .
If there's a pullback – the price will remain in the range of $162–156, which can also be used for buying.
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⚡ Quick livestream for Binance
Entry point for traders: pullback from $162–165, take-profit ~ $178, stop less than $160.
Long-term holders: great time to average down – if the fundamentals hold, the nearest target is $200–260, with expansion to $300+ during alt-season.
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Summary: market sentiment is clearly bullish. SOL is ready to surge above $167 – and faster than it seems. But if support doesn't hold – it's better to wait for a deep correction.
If you want, you can add the influence of BTC/ETH, correlation with ETF, or ideas for risk management – just write! 😊
#AltcoinSeasonLoading #BTC120kVs125kToday