#SOLETFsOnTheHorizon SOL has been hot ๐Ÿ”ฅ recently and with all the ETF launch news buzz (Grayscale recently filed with the NYSE to launch SOL ETF in the US), you are FOMO but not sure how much is a reasonable price to buy in ๐Ÿค”. Here below I did a Fib retracement analysis, to give a rough understanding of SOL's potential.

Generally speaking, SOL is uptrending โœจ- SOL is forming lower highs and higher lows, and preparing a breakout anytime soon. But when ๐Ÿค”? If SOL could hold 38% resistance level, which is roughly 243 USDT, SOL could breakout ๐Ÿš€ in a week around Jan 31, and potentially forming a new ATH, targeting >286 USDT.