SOLUSDT SPOT
Long

DeGRAM | SOLUSD above the $200 level

473
📊 Technical Analysis
● SOL/USD is trading within a well-defined ascending channel, holding above the 189–190 support zone and building higher lows that reinforce bullish structure.
● The current move targets the 226–230 resistance, with the rising parallel channel supporting further gains as long as price remains above 189.

💡 Fundamental Analysis
● Solana’s DeFi TVL has grown over 20% in August, driven by fresh institutional inflows, while its ecosystem expansion (notably in gaming and payments) strengthens adoption.

Summary
Bullish above 189; breakout continuation eyes 226 → 230. Invalidation below 189.

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

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

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.