Solana ($SOL ) is gearing up for a major move.
📉 Current Status:
SOL is trading just below a key resistance zone of $180–$188. This area is critical. A strong breakout above $188 could send the price flying to $210–$220 soon — and possibly $250+ by late 2025.
🔥 Why the Hype?
🔁 Firedancer upgrade (10x network speed)
💧 $100B+ liquidity unlock via SecondSwap
📈 SOL ETF approval chances: 82%
But it’s not all bullish... 🚨
If SOL fails to break resistance, it may dip to $160 due to:
Regulatory risks
China’s crypto stance
Heavy dependence on meme coin revenue (75% in Q1!)
📌 Strategy: What Should You Do?
🔍 Watch Closely:
Keep an eye on the $180–$188 zone.
🟢 Buy only if:
Confirmed breakout above $188 with strong volume.
🔴 Avoid if:
Price gets rejected again — likely pullback to $160.
⚠️ Use stop-losses to manage risk and stay updated on:
ETF developments
Firedancer rollout
