๐ #SOL Holding Firm at $127 Despite Pressure.. Ready to Explode After Historic DDoS Test Success? ๐ฅ
Hey everyone, today December 17, 2025, $SOL is currently trading around $124 - $128, with a slight change (-1% to -3% in the last 24 hours). After correcting from the January peak at ~$295, the market is showing sideways consolidation with strong defense of support despite broader pressure!
Quick Technical Glance ๐:
Price holding strong support at $124 - $127 (Fibonacci levels and moving averages).
RSI around 35-40, indicating nearing oversold territory with potential for a quick rebound.
Key resistance at $135 - $140; breaking it opens the door to $150 soon.
Short-term trend: Mildly bearish with improving momentum, and the network remains stable despite challenges.
Hot News ๐ฐ:
#Solana successfully fended off a historic DDoS attack (over a week with massive pressure up to 6 Tbps) without downtime or delaysโproving the network's strength and reliability!
Positive inflows into Solana ETFs, with growing institutional adoption despite the correction.
Ongoing upgrades like Alpenglow and Firedancer, plus growth in DeFi, RWA, and meme coins.
Network activity stays strong with millions of daily users, though price is impacted by overall risk sentiment.
Future Outlook ๐ฎ:
Short-term: Stabilization around $124 - $130 with potential upside to $140 - $150 by month-end if support holds.
2026: Huge optimism! Analysts forecast $200 - $400+, with chance to break ATH thanks to upgrades, institutional adoption, and ETFs.
Long-term: Solana on track for new historic highs with continued speed and scalability improvements.
This correction around $127 is a golden accumulation opportunity, folks.. Solana just proved its strength again and always bounces back stronger! ๐
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