The price structure looks promising, with a bounce from a long-term low, targeting $155-$160 unless the broader market dips.
On shorter timeframes, momentum's increasing, with breakouts and short closures signaling price stability. Solana's also breaking out against Bitcoin, but if that fails, I'll sell and limit losses.
Fundamentals are improving, with rising total value locked and DEX trading volume, though still relatively low. This adds some risk, but I'm optimistic. If Bitcoin surges past $64,000, Solana could benefit.
I expect Solana to hit $150-$152 soon, potentially higher if momentum sustains. The bullish signs are aligning, and I'm excited to see how this plays out.
$SOL #Solana #HODL #FTXSolanaRedemption #solonapumping #OMC