Solana/Tether
Long
Updated

DeGRAM | SOLUSD keeps bullish momentum

248
📊 Technical Analysis
● SOL/USD broke above the 220 level, confirming bullish momentum within the rising channel, with price sustaining higher lows along the support line.
● The structure points toward continuation, eyeing 230 first and then 240 as the next resistance zone if momentum persists.

💡 Fundamental Analysis
● Solana’s ecosystem continues to expand, with growing institutional participation and sustained developer activity driving confidence and demand in its blockchain.

Summary
Bullish above 218; targets 230 → 240. Invalidation on a close below 218.

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Trade closed: target reached
Closed +6.4%

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