📊 Technical Analysis
● SOLUSD is consolidating near the rising support zone of 170–172 within a broad ascending channel, preparing for another attempt toward the 206 resistance level.
● A breakout above 206 would confirm bullish continuation, opening the path to challenge the channel top around 220–230, supported by higher lows and strong structural momentum.
💡 Fundamental Analysis
● Analysts now assign a 95% probability to spot Solana ETF approvals, boosting institutional interest, while Solana’s mainnet reached 100,000 TPS in stress tests, reinforcing scalability.
● Corporates like BIT Mining and Upexi are making direct multi-million-dollar allocations into Solana, underscoring growing confidence in its long-term adoption.
✨ Summary
Bullish above 170; breakout trigger at 206. Targets 220 → 230. Invalidation on a close below 170.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support!
● SOLUSD is consolidating near the rising support zone of 170–172 within a broad ascending channel, preparing for another attempt toward the 206 resistance level.
● A breakout above 206 would confirm bullish continuation, opening the path to challenge the channel top around 220–230, supported by higher lows and strong structural momentum.
💡 Fundamental Analysis
● Analysts now assign a 95% probability to spot Solana ETF approvals, boosting institutional interest, while Solana’s mainnet reached 100,000 TPS in stress tests, reinforcing scalability.
● Corporates like BIT Mining and Upexi are making direct multi-million-dollar allocations into Solana, underscoring growing confidence in its long-term adoption.
✨ Summary
Bullish above 170; breakout trigger at 206. Targets 220 → 230. Invalidation on a close below 170.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support!
Trade closed: target reached
Closed +14.7%
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🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
Related publications
Disclaimer
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.
90% accuracy in telegram
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
Related publications
Disclaimer
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.