$SOL is showing serious strength, and the ETF flows are making the setup even more interesting.
US-listed Solana ETFs have now recorded 11 straight days of net inflows, with another $10.9M coming in. To me, that’s a strong sign that demand for
$SOL exposure is still there, even during this pullback.
But here’s what I’m watching more closely: the chart.
$SOL has broken above its long-term downtrend, but now the real test begins. The previous resistance needs to turn into support.
If that retest holds and buyers step back in, I think $250 becomes a realistic longer-term target.
If support fails, I’m not going to force a trade. I’d rather wait for a cleaner entry.
For me, the setup is simple:
Breakout → Retest → Confirmation → Entry
ETF flows are bullish, but at the end of the day, price action still has to confirm the move. 📈
Not financial advice. DYOR.
#salona #Crypto #trending #SOLUSDT #bitcoin