In addition to the previous update $SOL , the Chicago Mercantile Exchange will today launch (CME) SOL futures contracts, which is a significant event for the currency as CME is one of the largest derivatives exchanges globally, and this could lead to large institutional inflows into Solana.

A follower requested an analysis of currency $SOL
The currency is currently at strong support as shown ..
🔸 If it holds at these prices, it will remain horizontally confined within the triangle shown.


🔸Its next target is $188, then a correction to the $150 area, followed by a rise to $250.
🔸All this rise will only happen if a weekly candle does not close below $112.
🔸The analysis is on the weekly timeframe for investors, while traders will have another update on the daily and 4-hour timeframe.
🩸 Please be aware that investing in cryptocurrencies involves high risks. We hope you are aware of these risks and take them into consideration.
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