🚨 SOLANA: growth or correction?
📊 What’s happening?
▪️ Solana app revenue in September reached $180 million — the highest in 9 months.
▪️ SOL ETFs showed capital inflows, but in early October outflows appeared.
▪️ Activity from large wallets and changes in open interest could increase volatility.
▪️ The development of Firedancer and Alpenglow remains a long-term driver of interest in Solana.
🎯 Key levels:
🟢 $116–118 — support.
🔴 $124–125 — resistance. A breakout with strong volume may open the way to $130–140.
If support fails to hold, a move to $110–112 is possible.
🔮 My forecast:
📅 Tomorrow: a test of $122–125, provided support remains intact.
📆 The next few days: holding above $125 could support growth; otherwise, consolidation is possible.
🚀 6-month target:
• Base case: $140–160.
• Bullish: $180–220.
• Bearish: $80–100.
These are scenarios, not guarantees. Before placing a trade, check the current price and volume.
👇 What next: a breakout of $125 or a drop to $110?$SOL
📊 What’s happening?
▪️ Solana app revenue in September reached $180 million — the highest in 9 months.
▪️ SOL ETFs showed capital inflows, but in early October outflows appeared.
▪️ Activity from large wallets and changes in open interest could increase volatility.
▪️ The development of Firedancer and Alpenglow remains a long-term driver of interest in Solana.
🎯 Key levels:
🟢 $116–118 — support.
🔴 $124–125 — resistance. A breakout with strong volume may open the way to $130–140.
If support fails to hold, a move to $110–112 is possible.
🔮 My forecast:
📅 Tomorrow: a test of $122–125, provided support remains intact.
📆 The next few days: holding above $125 could support growth; otherwise, consolidation is possible.
🚀 6-month target:
• Base case: $140–160.
• Bullish: $180–220.
• Bearish: $80–100.
These are scenarios, not guarantees. Before placing a trade, check the current price and volume.
👇 What next: a breakout of $125 or a drop to $110?$SOL
