$SOL $SOL Analysis: Quick Summary (Jan 2026)
Current Price: ~$144.50 (Consolidating after a steady recovery).
Support Level: $132 (Strong buying zone).
Resistance Level: $152.50 (The "Breakout Point").
Technical Pattern: Bullish "Cup and Handle" forming on the 12H chart.
Bullish Target: $185 if it holds above resistance.
Why Solana is Gaining Strength:
Network Upgrade: Upcoming Alpenglow Upgrade to boost speed and stability.
Stablecoin Growth: Total stablecoin market cap on Solana hit $15 Billion.
Institutional Interest: RWA (Real World Assets) on-chain surpassed $1.1 Billion.
ETF Hype: Multiple spot ETF applications are currently under review.
The Verdict:
Short-term: Sideways movement between $140–$146.
* Long-term: Very bullish if network upgrades prevent congestion.#MarketRebound #WriteToEarnUpgrade #StrategyBTCPurchase #solana #FutureTarding
