$SOL As of now, $SOL trades around $141.9 — a rebound after recent weakness.
The renewed uptick comes alongside strong institutional interest: inflows into Solana-related ETFs have turned positive.
On-chain data (TVL, stablecoin liquidity) and derivative activity (futures open interest) also suggest renewed engagement beyond mere speculation.
📈 Technical & Market Outlook
✅ Bullish Signals
SOL recently rallied more than 10% in a 24-hour span, climbing past $140, likely energized by ETF inflows and improving risk sentiment.
If bulls push beyond the $144.65–$144.75 resistance zone, the next major target could be the 50-day EMA near $157–$158.
A daily chart close above the early-November peak (~$171.89) could signal a more sustained medium-term uptrend.
⚠️ Bearish Risks / What to Watch
SOL remains in a medium-term downtrend — unless price decisively breaks above key resistances, there’s a risk of falling back to support near $123–$121.7.
Some analysts remain cautious: bearish forecasts suggest potential price declines if volatility returns.
🧭 What’s Driving This Move?
Institutional demand — ETF inflows & rising futures open interest suggest that both long-term holders and traders are re-entering SOL.
Real network usage — increasing TVL and stablecoin liquidity show that activity on the underlying blockchain remains healthy.
Technical rebound — after a dip in late November/early December, market sentiment appears to be shifting, with SOL bouncing off recent support zones.
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