$SOL Bounced nicely over the past week but is still yet to turn the low timeframe trend back around. Right above we have the Daily 200MA/EMA coming in between $159-$167. I would want to see price trade back above that to start targetting the $180-$200 region again. The SOL Spot ETFs look ready to be approved and launched soon. The big question is how much demand there will be. Especially seeing ETH's launch was a bit of a disappointment and only started seeing decent inflows about a year later.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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