$SOL
๐ฅ SOL/USDT โ Bulls have control, but whereโs the volume?
Price is up 2.7% to $87.50, and the 4H chart just printed a golden EMA stack (7 > 25 > 99) with MACD positive. RSI at 59 โ plenty of room to run. Technically? Bullish.
๐ข The fuel: GSR just launched a multi-asset ETF on Nasdaq that includes SOL with staking rewards. Russia just legalized crypto โ and Solana qualifies alongside BTC/ETH. Ramp brought USDT to Solana. Adoption is accelerating.
๐ด The fire: Volume is 80% below average. Price keeps rejecting $88-90. Russia banned domestic crypto payments (7 years prison for illegal ops). Bear flag still haunts lower timeframes.
๐ The line in the sand: Hold $85 = bulls target $90 โ $100 โ $115. Lose $85 = retest $82 โ $67.
Volume decides everything. No volume = no conviction.
Not financial advice. DYOR. ๐ง
#solana
๐ฅ SOL/USDT โ Bulls have control, but whereโs the volume?
Price is up 2.7% to $87.50, and the 4H chart just printed a golden EMA stack (7 > 25 > 99) with MACD positive. RSI at 59 โ plenty of room to run. Technically? Bullish.
๐ข The fuel: GSR just launched a multi-asset ETF on Nasdaq that includes SOL with staking rewards. Russia just legalized crypto โ and Solana qualifies alongside BTC/ETH. Ramp brought USDT to Solana. Adoption is accelerating.
๐ด The fire: Volume is 80% below average. Price keeps rejecting $88-90. Russia banned domestic crypto payments (7 years prison for illegal ops). Bear flag still haunts lower timeframes.
๐ The line in the sand: Hold $85 = bulls target $90 โ $100 โ $115. Lose $85 = retest $82 โ $67.
Volume decides everything. No volume = no conviction.
Not financial advice. DYOR. ๐ง
#solana