DeGRAM | SOLUSD is holding the $177 level

📊 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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