Solana is Sending a Signal 🚀 – Is $150 Next?
Major news is hitting the $SOL ecosystem: Mangocueticals and Cube Group just formalized a $100M SOL treasury strategy, classifying it as a balance sheet reserve asset! This isn’t just hype; it’s a sign of maturing institutional interest and a shift towards programmable settlement assets. 📈
But it’s not just about the money. Technically, $SOL has broken out of a falling channel, defending the $117.70 zone and now trading around a key structural pivot at $129.81. The RSI at 50.07 signals balance, not weakness, and price structure is forming higher lows.
Upside targets to watch: $139.10 and $143.86, with $150 in sight if momentum continues. This convergence of fundamental and technical strength suggests continuation bias – and a potentially significant move higher.
#Solana #Crypto #DeFi #Altcoins 🚀
