Solana became above $ 180 as Price Pump.
Solana (Sol) pumped between $ 180.
Solana climbed at $ 183.61 on Tuesday, obtained as a pump 5.8%.
The platform will now distribute 0.05% of the eligible creators in Sol trade, which is a step ready to encourage adoption and continuous token launch. The model consists of all coins actively trading, newly created, or graduates for pumpswap.
The market participants responded rapidly. The announcement, which watched more than 1.7 million times, confirmed the role of Solana in the Stara Economy and attracted a new wave of speculative and builder-powered interest.
The Solana Price appears for more reverse action in the coming days because the engagement with a meme-fuel platforms like pump-like platforms.
Derivatives data rapidly valid the thesis because traders long load
Coalus Derivative Trading Data Show increased capital flow within Solana markets. On Tuesday, the Soul Open interest rose by 8.43% to $ 8.40 billion, entering the new capital market.
Although the trading volume declined by 18.26% to $ 16.13 billion, an increase in open interest reveals a continuous situation rather than short -term exit.
Option markets also show a mild rebound in positioning, despite the option of 4.16% decline in option volume from 5.01% to $ 13.13 million with open interest.
In a long/shorter position clearly tilt rapidly. On Binance, the top trader’s long/short ratio is 2.31, and OKX accounts show a ratio of 1.65, both indicated to reverse the leveraged bets.
This directional bias has been further supported by liquidity data: in the last 24 hours, $ 19.46 million was wiped out to posts, with $ 14.44 million from shorts, and closure of more than just $ 5 million long positions.
Combined with Pump .funEqualization of incentives, technical weight in logic for close-term continuity on the ongoing Solna price rally in derivative setup leads from $ 190 to $ 195.
Solana Price Forecast Today: Bulish Connection Eyes $ 190- $ 195 range
Solana (Sol) is trading at $ 183.29, holding the firm over the $ 179.11 midline of the Caltoner Channel (KC), indicates the continuity of the faster structure.
The daily candle structure shows continuously closed above the KC base line, strengthening strength in the current uptrend. In particular, Sol KC is also trending near the upper band, suggests that a breakout attempt towards $ 190– $ 195 range is technically valid in the near period.
Since May 9, the presence of wide-boad bullish candles, supported by increasing volume, highlighted the punishment of renewed buyer. At $ 154.80, the Parliamentary SAR is well made below the current value, indicating that the strength of the trend remains intact and that the possibility of negative pressure of any near-period will be corrective rather than structural.
Importantly, the Bollinger Band %B (BBP) indicator at 32.89 shows that Sol lives in the upper half of its volatility band, a common feature of continuous rallies. It has been seen in technical setup Bitcoin value forecast todayWhere BTC is also trading above the major bullish trend markers.
While a brief stagnation near $ 183.75 resistance may lead to short -term consolidation, the increasing volume profile and comprehensive instability range supports the possibility of a continuity move.
Needed Sole value Casey may move on the upper band decisively closed, the speed may move towards a $ 195 mark.
On the other hand, failure to maintain above $ 179, however, can open the door to a reette of KC midline and potentially $ 160.47 near the 20-day SMA area.
Frequently asked questions (FAQs)
The price increase is largely powered by the pump. To promote new 50% revenue-sharing model, demand and speculative interest for coin creators.
Eligible creators now earn 0.05% in souls on their coins, encourage new launch and continuously engage on stage.
Yes, an increase in open interest in technical indicators and derivative markets suggests that with the target between $ 190 and $ 195, the up speed continues.
Ibrahim
Crypto analyst covers derivative markets, macro trends, technical analysis and DEFIs. Their actions feature deeply market insights, price forecasting and institutional-grade research on digital assets.
Disclaimer: The material presented may include the author’s personal opinion and is subject to the market status. Do your market research before investing in cryptocurrency. The author or publication does not have any responsibility for your personal financial loss.
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