What to Know:
Solana’s strong defense of $130, plus a V-shaped recovery pattern, keeps a move back toward the $180–$250 range firmly on the table. Spot SOL ETFs have now attracted around $420M in cumulative inflows, signalling sustained institutional interest even after the recent correction. SUBBD Token, PEPENODE, and Aster tap AI creators, GameFi mining, and perp DEX liquidity respectively, aligning with narratives favored in risk-on phases.
Solana just printed the kind of setup traders love.
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After a sharp 25% drawdown from $173, $SOL bounced perfectly from weekly support around $130 and is now forming a V-shaped recovery pattern, with technicians eyeing a move back into the $180–$250 range if momentum holds.
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