$SOL keeps grinding higher — every time it looks like resistance holds, buyers show up again. 🚀
$SOL is trading around $113.31, extending its climb from the intraday resistance break earlier today and pushing further into territory it hasn't seen since January. The move is still riding the same drivers: a recent network upgrade cutting slot time from 300ms to 250ms, plus a bullish flag pattern that's been building on higher timeframes.
My take: the path toward $150 still isn't a straight line — most setups point to layered resistance first, around 118.84, then 123 and 132, before $150 becomes a realistic target. With SOL now trading above the levels from earlier today, the near-term structure looks stronger, but ETF inflow momentum (which fueled this run) had cooled sharply over the past couple weeks, so sustained buying needs to keep showing up. Bullish case: clearing 118.84 fast opens a real run at 123-132. Bearish case: losing 103-108 support undoes the recent breakout structure.
Given how fast this is moving, does $SOL clear 118.84 today, or does it need to cool off first? 👀
#BOJRaisesRatesTo31YearHigh #BuffettStepsDownAsBerkshireChairman #solana
$SOL is trading around $113.31, extending its climb from the intraday resistance break earlier today and pushing further into territory it hasn't seen since January. The move is still riding the same drivers: a recent network upgrade cutting slot time from 300ms to 250ms, plus a bullish flag pattern that's been building on higher timeframes.
My take: the path toward $150 still isn't a straight line — most setups point to layered resistance first, around 118.84, then 123 and 132, before $150 becomes a realistic target. With SOL now trading above the levels from earlier today, the near-term structure looks stronger, but ETF inflow momentum (which fueled this run) had cooled sharply over the past couple weeks, so sustained buying needs to keep showing up. Bullish case: clearing 118.84 fast opens a real run at 123-132. Bearish case: losing 103-108 support undoes the recent breakout structure.
Given how fast this is moving, does $SOL clear 118.84 today, or does it need to cool off first? 👀
#BOJRaisesRatesTo31YearHigh #BuffettStepsDownAsBerkshireChairman #solana