Solana Builds Base as ETF Inflows and Trendline Break Put $150 in View
Analysts say a close above $160 would mark the first clear trend reversal.
Overview
- Solana continues to defend the $115–$120 support band and has formed higher lows after an intraday trendline break.
- A sustained push above $130 is flagged as a trigger that could accelerate a relief rally toward the $150 area.
- The larger structure remains constrained by a descending channel with overhead resistance concentrated near $155–$160.
- Only a confirmed daily or weekly close above $160 is viewed as a structural shift that could open targets toward $170–$200.
- Solana-focused ETFs have attracted roughly $774 million in net inflows since mid-December, reinforcing institutional interest as momentum gauges hover near oversold levels.