Solana $SOL

SOL

78.8

-1.69%

at $101: Institutional Favorite or Overextended? 🔥

Analysis:
Solana took a 14% hit during the recent deleveraging event, landing near $101. This is a critical retest of the 2025 breakout zone. Despite the price action, $SOL’s On-Balance Volume (OBV) remains high, indicating whales are not selling—only the levered traders were flushed. With the Alpenglow upgrade and Firedancer optimization, Solana’s throughput is at record highs.

Buy Trigger: $98 – $105 (Major Support)

Take Profit: $128 | $145

Stop Loss: $92

Sentiment: Bullish Divergence building on the 4H chart.

CTA: Is $100 the ultimate "Gift" for SOL bulls? Tap FOLLOW for real-time Solana ecosystem alerts! #solana #SOLUpdate #DePIN