πŸ“‰ Wise Analyze πŸ“ˆ
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I suggest to wait for SOL to close that day, before making any decisions. Close above 137.8 can be taken as first bullish sign (but certainly not a confirmation). Nearest strong resistance levels around 148 and 160. First one can be revisited even in bearish scenario.

Week 20SMA at ~152.1, so SOL already got rejected from it once this Monday. And until it finds acceptance above that level, I'll take that chart as bearish with favor towards shorts.

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@WiseAnalyze #SOL #ta
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SOL dipped under 127 and now 15% up from that dip. I see two scenarios.

One is breakout from that lower timeframe bull flag straight to 148.

Another one is that current move will get rejected and that will push SOL below 134.8 to gain liquidity there. In this case new entries are good only around and under 132.5

@WiseAnalyze #SOL #update
VANECK applied to SEC for launch of Solana Trust (that means first SOL ETF in USA)

(link to document)

@WiseAnalyze #SOL #news
Coinshares Crypto Fund Flows Report

▫️ Capital INFLOW into the crypto industry for the week = $1,353,000,000.

▫️Capital inflow into crypto products related to #BTC = $1,277,000,000.

▫️Capital inflow into crypto products related to #ETH = $45,300,000.

▫️Capital inflow into crypto products related to #SOL = $9,600,000.

▫️Last week saw a slight capital inflow into crypto products related to #LTC, #LINK, #XRP, #BNB, and #ADA.

@WiseAnalyze #news
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πŸ€– Bot alert.
#SOL cross 178.1
Not a signal! DYOR!
Reference to post - https://t.me/c/1374441819/23723
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Solana back to the bottom of range. Obviously a lot depends on BTC price, when it comes to USDT value of alts. And I am not really sure which way BTC will move first. It still has potential for another leg down. And so does SOL.

In case of another dip most attractive is area under July 25th low. There is a gap on daily chart between 161.57 and 165.3 - middle at 163.5 and that is the first target. Next is order block with equilibrium around 158.

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@WiseAnalyze #SOL #ta
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πŸ€– Bot alert.
#SOL cross 158
Not a signal! DYOR!
Reference to post - https://t.me/c/1374441819/23708
SOL trying to climb back above developing Year VWAP. With close above will form bullish engulfing at Day chart.

⏰ Worth watching dips below 126.7 (2023 high zone).

In any case there will be a dip below 136 - if market buy it there, possible bullish scenario with 1H close above 143, that trigger early impulse up towards July VWAP ~156.7

@WiseAnalyze #SOL #ta
Solana outperforms Ethereum - now breaking above March high

@WiseAnalyze #SOL #ETH #ta