Technically, $SOL is painting a picture of cautious optimism. The weekly chart shows a symmetrical triangle formation, a classic consolidation pattern that often precedes a significant move. The declining selling pressure, as indicated by the MACD, suggests that bears might be losing their grip. However, the rejection at the upper threshold of the On-Balance Volume (OBV) indicator tells us that buyers aren't quite ready to take the reins fully.

So, what's next for #SOL? In the short term, we might see continued consolidation between the crucial support at $133 and resistance around $150. The upper target seems capped between $165 and $168, but this ceiling appears to be slowly descending towards $160.

The real excitement, however, might come in the latter half of Q4 2024. After this extended period of compression, SOL could be primed for a breakout. If the fundamentals align with the technicals, we might see SOL not just breaking above $150 but potentially challenging its previous all-time highs. #Solana