$SOL
🚨Solana Price Action Targets $205 as Channel Breakout Looms🚨
Following the steady ETF inflows outlined earlier, Solana’s price chart is now lining up with that narrative on the technical side. The 4-hour timeframe shows SOL pushing directly into the descending channel resistance that has defined price action for the last few days. This repeated approach toward the upper band, combined with declining sell volume, signals that sellers may be losing control.
A breakout from this structure could unlock a swift move toward the $200 to $205 region, as noted by Satoshi Flipper. What makes this level interesting isn’t just the psychological round number, but the confluence of prior breakdown levels and liquidity clusters stacked above. With ETF flows firming up and Solana pressing against key resistance, the technical setup looks increasingly primed to follow the fundamentals.
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