DeGRAM | SOLUSD seeks to confirm the breakout

1 lug

📊 Technical Analysis
● Bulls pushed back inside the broad rising channel and pierced the five-week gray trend-cap; the breakout has been retested at the 147-150 pivot (green strip), now acting as support.
● Price is carving a tight bull-flag on diminishing volume; its 1.618 swing and the channel median intersect with the May swing high near 173, while the upper rail aligns with 187-190.

💡 Fundamental Analysis
● VanEck’s late-June 19b-4 filing for a US spot Solana ETF trimmed perceived regulatory risk, and Firedancer’s public test-net timeline lifted developer sentiment, both fuelling fresh inflows.

✨ Summary
Long 147-150; flag break above 155 targets 173 → 187. Invalidate on a 16 h close below 140.

-------------------

Share your opinion in the comments and support the idea with a like. Thanks for your support!

18 lug

Trade chiuso: obiettivo raggiunto

Closed +15%