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