📊 Technical Analysis
● SOLUSD is bouncing from the rising trendline support at 177 after a retracement, maintaining structure within a bullish ascending wedge.
● Price holds above the prior resistance-turned-support near 176.9, with a clear path to retest the 205.8 and 219–222 confluence zone.
💡 Fundamental Analysis
● Solana's 30-day DApp volume ranks top 3 among L1s, signaling increased utility. Institutional SOL inflows also continued for a fifth week, per CoinShares.
● Strong user metrics and positive funding rates suggest bullish momentum remains supported on-chain and through derivatives markets.
✨ Summary
Buy dips above 177. Targets at 205 ▶ 220. Long setup holds while price stays above 175.
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Share your opinion in the comments and support the idea with a like. Thanks for your support!
● SOLUSD is bouncing from the rising trendline support at 177 after a retracement, maintaining structure within a bullish ascending wedge.
● Price holds above the prior resistance-turned-support near 176.9, with a clear path to retest the 205.8 and 219–222 confluence zone.
💡 Fundamental Analysis
● Solana's 30-day DApp volume ranks top 3 among L1s, signaling increased utility. Institutional SOL inflows also continued for a fifth week, per CoinShares.
● Strong user metrics and positive funding rates suggest bullish momentum remains supported on-chain and through derivatives markets.
✨ Summary
Buy dips above 177. Targets at 205 ▶ 220. Long setup holds while price stays above 175.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support!
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Crypto signals in telegram
@DeGRAMCrypto
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
90% accuracy in telegram
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.