Hi there! Solana is flying high, and we don't even know... Let's figure it out ⤵️
And everything is quite simple actually, those who follow the crypto news already know that VanEck has applied for a Solana ETF
Here is the answer to the question — “Why is Solana flying high?”
We won’t go into details, I think you all understand perfectly well that such statements aren’t made for no reason 🚀
Technically, Solana is also doing well – bounced off the support area and broke through the Descending channel, and even despite the news, this breakdown was predictable based on TA. Now the movement can continue to $170 (the main countertrend).
The scenarios of the movement continuation are indicated on the chart. If you haven't bought from the support, then it's not too late to do it now with a small pullback
