#CMEsolanaFutures $SOL is back 💪💪 It's time to go next level 🚀🔥🚀. Let's see what's happening on $SOL 🔥
📢📢Recent Developments:👇👇
🚨FTX Token Unlock: An 11.2 million SOL token unlock from the FTX bankruptcy estate is scheduled for March 1, 2025. This event has raised concerns about potential market impact due to the significant influx of tokens.
🚨CME Group Futures Launch: CME Group announced plans to introduce Solana futures in March 2025, expanding its crypto derivatives offerings. This move indicates growing institutional interest in Solana.
📢📢Technical Analysis:👇👇
👉Support and Resistance Levels: Solana recently dipped below the $130 support level, reaching a low of $126. The next significant support levels are at $110 and $100, while resistance is anticipated around $160.
👉Relative Strength Index (RSI): The RSI has fallen to 23.92, indicating oversold conditions. Historically, such levels suggest potential for a price rebound.
👉Moving Averages: Technical indicators show a bearish trend, with moving averages suggesting a 'Sell' signal.
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Healthy rebound started. With the upcoming ETF and CME listing , new ATH will be testing next months.I think $300-350 is within reach in this cycle...we've already started todayshortSOL is going up. Here is why: The Sol FTX unlock will be distributed to 3 companies. These companies are very smart. They will buy more sol to raise the price up & sell it slowly. "It will go up to $300."Dont think so!!! Because as i got to know that. Solana going to release more sol tokens on march 01 that eventually will effect its market. If my information is correct. :)Second phase $GRASS airdrop! tutorial in my profile. 💰dump grass, it Sucks350$Did I make a good deal here again?I have experience that at the time of buy it's increasing but after its countitouns decrease