{"id":15497,"date":"2025-11-07T17:33:02","date_gmt":"2025-11-07T17:33:02","guid":{"rendered":"https:\/\/bitunikey.com\/news\/solana-price-defends-145-level-following-etf-approval-hints-at-possible-bottom\/"},"modified":"2025-11-07T17:33:10","modified_gmt":"2025-11-07T17:33:10","slug":"solana-price-defends-145-level-following-etf-approval-hints-at-possible-bottom","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/solana-price-defends-145-level-following-etf-approval-hints-at-possible-bottom\/","title":{"rendered":"Solana price defends $145 level following ETF approval, hints at possible bottom"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">With a strong resilience at the $145 level, the Solana price maintains support amid heightened volatility following its ETF approval. This opens the possibility of a bottom forming.<\/p>\n<div id=\"cn-block-summary-block_a03f730b004c49bfdf9c713370516c14\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li><strong>Key Support:<\/strong>\u00a0$145 level defended for over a week, showing strong buyer demand.<\/li>\n<li><strong>ETF Momentum:<\/strong>\u00a0$9.7M in inflows recorded, with seven consecutive days of investment.<\/li>\n<li><strong>Bullish Outlook:<\/strong>\u00a0Sustained ETF demand and support stability could trigger a rebound toward $200.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Solana\u2019s (SOL) price action has been consolidating around the $145 mark for over a week, with the level acting as a high-timeframe support zone. This region coincides with a previous capitulation low that has now become an area of demand. <\/p>\n<p>The continued defense of this level indicates growing confidence among buyers, especially following the recent approval of the Solana ETF that has seen strong investor inflows.<\/p>\n<h2 class=\"wp-block-heading\"><strong>Solana price key technical points:<\/strong><\/h2>\n<ul class=\"wp-block-list\">\n<li><strong>Critical Support:<\/strong>\u00a0$145 level serves as high-timeframe support, repeatedly defended since the recent sell-off.<\/li>\n<li><strong>Volume &amp; Inflows:<\/strong>\u00a0$9.7 million in ETF inflows recorded, marking seven consecutive days of demand.<\/li>\n<li><strong>Potential Bottom:<\/strong>\u00a0Multiple retests at support and rising ETF interest suggest the formation of a bottoming structure.<\/li>\n<\/ul>\n<p>    <!-- .cn-block-related-link --><\/p>\n<figure class=\"wp-block-image size-full\"><figcaption class=\"wp-element-caption\">SOLUSDT (6H) Chart, Source: <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.tradingview.com\" target=\"_blank\" rel=\"nofollow\">TradingView<\/a><\/figcaption><\/figure>\n<p>From a technical perspective, Solana\u2019s price structure shows characteristics of accumulation. After the capitulation event that sent prices toward the $145 region, multiple rejections of lower prices have occurred \u2014 each followed by wicks showing strong buybacks. This behavior typically represents the presence of demand absorption, a sign that sellers may be exhausted.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>The 0.618 Fibonacci retracement closely aligns with the current support, adding technical confluence that strengthens this zone as a possible reversal pivot. Additionally, several candles have closed above this area, reinforcing the possibility that buyers are gradually regaining control.<\/p>\n<p>The immediate resistance to watch remains at $180\u2013$200, where the value area high and 50-day moving average intersect. A decisive reclaim of this range, backed by sustained volume, could trigger a momentum-driven rally targeting higher resistances near $220.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Solana spot ETFs recorded $9.7M in inflows yesterday, with BSOL adding $7.5M and GSOL adding $2.2M<\/p>\n<p>That\u2019s about seven consecutive days of inflows. Solana keeps WINNING. <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/t.co\/ertWJwxiYZ\">pic.twitter.com\/ertWJwxiYZ<\/a><\/p>\n<p>\u2014 Solana Sensei (@SolanaSensei) <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/SolanaSensei\/status\/1986359968849608884?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">November 6, 2025<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p>Solana\u2019s ETF approval has added a fundamental layer of strength to the bullish outlook. Data shows that Solana ETFs have attracted over\u00a0$9.7 million in net inflows\u00a0recently, marking\u00a0seven consecutive days\u00a0of investor participation. This continuous inflow reinforces institutional interest and adds credibility to the current price defense.<\/p>\n<p>The consistency of these inflows highlights growing investor confidence in Solana\u2019s long-term viability as a blockchain ecosystem. If these inflows persist alongside improving technical structure, Solana could position itself as one of the leading assets in the next bullish cycle.<\/p>\n<h2 class=\"wp-block-heading\"><strong>What to expect in the coming price action<\/strong><\/h2>\n<p>If Solana maintains its $145 support and continues to attract ETF inflows, a short-term reversal rally toward $180\u2013$200 could unfold. However, losing this support would invalidate the bullish scenario, exposing $120 as the next key downside target.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>With a strong resilience at the $145 level, the Solana price maintains support amid heightened volatility following its ETF approval. This opens the possibility of a bottom forming. Summary Key&hellip;<\/p>\n","protected":false},"author":1,"featured_media":150,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-15497","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/15497","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=15497"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/15497\/revisions"}],"predecessor-version":[{"id":15498,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/15497\/revisions\/15498"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/150"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=15497"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=15497"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=15497"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}