SOLANA (
$SOL )
Bullish Signal: Is $237 Possible? 🚀
Solana is currently trading in a major "Accumulation Zone" between $122 and $145.[1, 2] Whale activity and growing institutional interest suggest that this price level is a significant "Buy the Dip" opportunity before the next leg up.[1, 3]
Why $237 is a realistic target:
Whale Conviction: A new wallet recently withdrew 200,001 SOL (worth approximately $28 million) from Binance, signaling aggressive accumulation by major holders.[1]
Bull Flag Pattern: On the monthly chart, SOL has formed a "Bull Flag," a technical continuation pattern that often leads to a massive markup once the $210 resistance is cleared.[3]
Technical Milestones: The upcoming Alpenglow and Firedancer upgrades in early 2026 are expected to push network finality to under 150ms, making Solana the fastest blockchain for institutional finance.[4, 5]
📊 Trading Signal (Spot or Low Leverage):
1st Entry: $120 - $122 (Current Market Price and strong support zone) [2, 6]
2nd Entry: $115 - $118 (Liquidity zone and secondary support) [6, 7]
Stop-Loss (SL): Below $108 (Crucial weekly support level) [7]
🎯 Targets:
Target 1: $145 (1-Month High/Immediate Resistance) [2, 6]
Target 2: $171 (Major Breakout Point) [4, 2]
Target 3: $190 (Psychological Barrier and 14-day RSI resistance) [4, 6]
Main Target: $237.64 (13-Week High and psychological milestone) [6]
Final Thought:
While year-end liquidity is thin, the fundamentals—including steady spot ETF inflows and reduced derivatives leverage—suggest that the floor is being held by long-term buyers.[8, 9] $122 is a major discount for an asset targeting a return to its high ranges in 2026.[10, 11]
#Solana #SOL #CryptoSignals
#BinanceSquare #Bullish #TradingTips