In part 1 I write in my article about Solana comeback in August month but in this article I write about can Solana hits $150 or not?
I just share my opinion about future Solana prices. The biggest question in all traders and investors mind can Solana (SOL) hold this price or breakout $150 or getting low?
According to trading view and market indicators now Solana is on crucial breakout zone. It is very important to hold $100 to $103 level for Solana. When the price of Solana trade $100 or more than $100 the buyers control the crypto market it buyers control the market the overall structure is bullish. If Solana continue their upward momentum then the next big hurdle goes to $123 to $132 range. If this level is break the short sellers in markets are clear. If Solana cross the barrier of $132 then the next major target is $150. Institutional ETF inflows and network volume is help out to hit this target. In spot Solana ETFs the continues investments is coming according to recent reports the weekly inflows of Solana is $150 million which give a very strong support to Solana. The 9 Million+ new addresses join daily on Solana network which show the retail adoption is not stopped.
In crypto space Solana is one of the top altcoin which ecosystem are continuously expansion. Traders must keep an eye on the support level of Solana $100-$103. For traders there dip is become a good accumulation opportunity when Solana key moving on upper level or average.
Disclaimer: In this article I just share my opinion on educational purposes this article is not a financial advice. In crypto market you also research and than invest or trade on crypto market.
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