SOL - the fundamental situation is improving due to the news that the SEC is starting to work on SOL-ETF, or rather actively accepting applications. Approval of SOL-ETF is a matter of time. The price is coming out of the downtrend, the fundamental background (economic news) is gradually turning in a favorable direction.
Scenario: Price consolidation above 200 - 210 will increase the bullish interest, thus may support the price and influence the growth. Medium-term targets in this case could be 220-240-270.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.