Altcoin

$SOL is back 💪💪 It's time to go next level 🚀🔥🚀. Let's see what's happening on $SOL 🔥 📢📢Recent Developments:👇👇 🚨FTX Token Unlock: An 11.2 million SOL token unlock from the FTX bankruptcy estate is scheduled for March 1, 2025. This event has raised concerns about potential market impact due to the significant influx of tokens. 🚨CME Group Futures Launch: CME Group announced plans to introduce Solana futures in March 2025, expanding its crypto derivatives offerings. This move indicates growing institutional interest in Solana. 📢📢Technical Analysis:👇👇 👉Support and Resistance Levels: Solana recently dipped below the $130 support level, reaching a low of $126. The next significant support levels are at $110 and $100, while resistance is anticipated around $160. 👉Relative Strength Index (RSI): The RSI has fallen to 23.92, indicating oversold conditions. Historically, such levels suggest potential for a price rebound. 👉Moving Averages: Technical indicators show a bearish trend, with moving averages suggesting a 'Sell' signal. #CMEsolanaFutures #MemesNotSecurity #BinanceAlphaAlert #crypto #FutureTarding