#SOLETFsOnTheHorizon Should you buy $SOL now?
$SOL has been really hot 🔥 lately and with all the buzz around ETF launches (Grayscale recently filed with the NYSE to launch the SOL ETF in the US), you're FOMO but don't know what's a reasonable price to buy 🤔. Below I've done a Fibonacci retracement analysis to give you a rough idea of SOL's potential.
Overall, SOL is trending up ✨- SOL is making lower highs and lower lows and is gearing up for a breakout in the near future. But when 🤔? If SOL could hold the 38% resistance level, or around 243 USDT, SOL could cross 🚀 in a week around January 31st and potentially form a new ATH, targeting >286 USDT.
$SOL has been really hot 🔥 lately and with all the buzz around ETF launches (Grayscale recently filed with the NYSE to launch the SOL ETF in the US), you're FOMO but don't know what's a reasonable price to buy 🤔. Below I've done a Fibonacci retracement analysis to give you a rough idea of SOL's potential.
Overall, SOL is trending up ✨- SOL is making lower highs and lower lows and is gearing up for a breakout in the near future. But when 🤔? If SOL could hold the 38% resistance level, or around 243 USDT, SOL could cross 🚀 in a week around January 31st and potentially form a new ATH, targeting >286 USDT.