#ETFWatch Trading signal š„ š
šØ Solana ($SOL ) Looks to Break $200! š
Market Analysis:
š Solana has rallied 5.75% in the previous 24 hours to $133.55.
š SOL is among the top 5 cryptocurrencies with a market worth of roughly $68.12 billion.
Price Analysis:
š SOL is consolidating in a symmetrical triangle pattern.
š Market mood is optimistic, with traders watching $134.
Key Levels:
š« Major resistance: $137.87, $149.65, and $162.58
š Intraday support: lower trendline, $125.94, and $113.16
Technical Indicators:
š Stochastic RSI: 90.79/95.36 (overbought)
š Trend weariness and a near-term drop possible
Price Targets:
šÆ R1: $137.87
šÆ R2: $149.65
šÆ R3: $162.58
š Technical goal: $165-170 (upward breakthrough) or $100-105 (downward breakdown)
Market News:
š Wall Street gets Solana futures ETFs, boosting bullish pressure.
š First altcoin-tracking Solana futures ETFs to have 0.95% and 1.85% cost ratios.