🚀 SOLANA BREAKOUT WATCH — $SOL SETTING UP FOR A MOVE ABOVE $150
Solana is heating up again as market sentiment flips bullish — and the data is backing the move. Over the last 24 hours, SOL reclaimed the key $130 support, while trading volume exploded +66% to $4.91B, showing strong buyer re-entry.
Meanwhile, Bitcoin pushing above $91,000 boosted risk appetite across majors, helping climb nearly +5% as bulls attack the overhead trendline.
🔥 Technical Structure: Falling Wedge Breakout
SOL just broke out of a falling wedge, a classic bullish reversal pattern — and the successful retest confirms strength.
If momentum continues, analysts now target $156 as the next major level.
📊 Derivatives Signal More Upside
Open Interest: $7B+ — consistent capital flowing into SOL
Turnover: +47% surge to $16.14B — heavy trader activity
These numbers show smart money positioning for a bigger move.
🏦 Institutions Are Buying
Bitwise’s Solana ETF recorded a massive $65.1M weekly inflow, signaling rising institutional confidence and long-term demand.
📈 Key Levels to Watch
Current Price: $133.36
Immediate Resistance: $136 → $140 → $150
Major Resistance Target: $156
Support: $130 — dips into this zone are getting bought fast
Momentum indicators stay bullish:
MACD trending upward
CMF at 0.11 → strong capital inflows
As long as market conditions remain supportive, SOL’s trend continues to favor higher prices.
$SOLUSDT
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