#sol
Today's price update and prediction about #solana
REPORT: Solana ($SOL) is demonstrating exceptional resilience against the market crash (BTC hit 7-month lows), currently trading around $127–$130. The token has found strong support near the $130–$132 double-bottom zone. Fundamentals are incredibly strong: Solana ETFs have accumulated over $867M to $2 Billion in cumulative inflows and have seen 16+ straight days of institutional buying, providing a massive demand floor. However, price action is hampered by general market fear and cooling #MemeCoin activity.
PREDICTION (Short-Term): The critical support is the $130–$125 zone. Holding this level is essential and suggests the institutional floor is holding strong. If $SOL can successfully break out of the descending channel, the immediate target is $145 (major resistance) and then $150 (liquidity wall). A decisive close above $150 would signal a potential V-shape reversal. A drop below $125 risks a rapid descent to the next major technical floor at $115–$100.
