๐ $SOL is $130 the next stop after this breakout? ๐
#Solana has finally pushed through the stubborn $119 resistance, touching $122 as Spot ETF inflows extended to 6 straight sessions. Thatโs not the only bullish signal catching tradersโ attention.
From a classic TA perspective, $120 is now the key level. Holding above it could confirm that the previous resistance is turning into support. Meanwhile, SOLโs positive Delta jumped sharply from 560K to 4.8M, suggesting stronger buying pressure, while exchange netflow turned negative โ meaning more SOL moved off exchanges than in.
๐ Bullish scenario: Hold $120 + continued ETF demand โ $130 becomes the next potential target.
๐ Risk zone: Lose $120 โ $115 could come back into focus.
The real question is whether buyers can defend this breakout instead of letting it become another fakeout. ๐ฅ
Will $SOL hold $120 and make a run toward $130? ๐
#Solana has finally pushed through the stubborn $119 resistance, touching $122 as Spot ETF inflows extended to 6 straight sessions. Thatโs not the only bullish signal catching tradersโ attention.
From a classic TA perspective, $120 is now the key level. Holding above it could confirm that the previous resistance is turning into support. Meanwhile, SOLโs positive Delta jumped sharply from 560K to 4.8M, suggesting stronger buying pressure, while exchange netflow turned negative โ meaning more SOL moved off exchanges than in.
๐ Bullish scenario: Hold $120 + continued ETF demand โ $130 becomes the next potential target.
๐ Risk zone: Lose $120 โ $115 could come back into focus.
The real question is whether buyers can defend this breakout instead of letting it become another fakeout. ๐ฅ
Will $SOL hold $120 and make a run toward $130? ๐
