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📅 July 3, 7:00 – July 9,
$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.
$SOL
{spot}(SOLUSDT)
#solana