Since last night, the market mentioned a lot about VanEck applying for #SolanaUSTD ETF.
This is something I had commented on for a long time before the ETH ETF was approved, so I won't analyze this news much.
Taking a quick look at the PTKT chart, on the 2D frame, you will see that the $120 price range is supporting quite well. When this zone is reached, the price bounces back. It is also the peak area in December, the price is testing this area quite stably.
Looking at RSI, a buy form is forming when RSI has crossed WMA => buy $SOL
If you look through the W frame, you immediately see the wealth pattern of the letter W (in Win).
Diverse ecosystem, bullish market for it, maybe soon there will be an ETF, beautiful big frame chart => This season I believe SOL $500 is possible.
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