#SOL coins
$SOL 🚨 Can the SOL Futures ETF be the game-changer? Is Solana on the brink of crashing below $100? 💥
The ETF has arrived, but SOL's decline continues. Solana has dropped a staggering 65% since mid-January, leaving its current price hanging by a thread! Volatility Shares has launched two futures ETFs, SOLZ and SOLT, attracting institutional interest, but can these ETFs stop SOL from plummeting below $100?
Technical analysis decides the outcome: Can $125 hold? The daily chart shows $125.31 as the key level to watch. If this level holds, we might see a rebound. But if it breaks, the price could freefall, with $100 as the next target. If Bitcoin drags the bears down further, Solana could suffer even more. On the flip side, if SOL holds above $136, we could see a 12% rise to $152.70, potentially climbing as high as $179-$186—an impressive 35% surge!
Rise or fall—Is the ETF the catalyst? The market sentiment is bearish, and the risk of SOL dipping below $100 is high. However, the backing of the ETF might spark a demand turnaround. Do you think SOL can make a comeback, or are you just here to watch the drama unfold? 💰