🚀 Solana: Is there really room to return to double digits?

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1️⃣ Distance from $100

🔍 With SOL around $144–$145, a correction of more than 30% would be needed to revisit double digits—a dynamic not to be underestimated!

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2️⃣ Bearish triggers

• 📉 Breakdown of $130–$125 support: key area (SMA200). A daily close below $125 would open the door to $100.

• ⚡ Macro shock: Fed hikes or tech sell-off → domino effect on the entire crypto market.

• 🛑 Network issues: crashes or exploits can erode confidence and volumes.

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3️⃣ Bullish Drivers

• 🔥 Burn fees: more trades = less SOL in circulation.

• 🛠️ Updates coming: Seahorse v2 promises even faster throughput.

• 💼 Positive sentiment: institutional flows and retail adoption continue to provide support.

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4️⃣ Outlook & Timeframe

• ⏱️ Short-term (1–2 months): likely trading range $135–$160; test below $125 only with external shocks.

• 📈 Medium-term (3–6 months): if US rates calm down and Seahorse v2 debuts smoothly, SOL will remain above double digits; otherwise, test of $100 is not out of the question.

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🎯 Trading strategy:

• 🛡️ Defensive long on a rebound near $135, stop loss below $130.

• 🚀 Breakout play on a breakout and daily close above $155, target $165–$170.

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💬 And you? Do you think $SOL will return below $100 or will it maintain its strength?