Solana Forecast: New SOL Rally Fueled by Fresh TradFi Millions?Market Cap SOL, $CRYPTOCAP:SOLJohn_IsigeSolana (SOL) is back in focus as spot Solana ETFs recorded a full week of consistent net inflows, highlighting renewed institutional demand. Launched only at the end of November, Solana spot ETFs have already attracted nearly $700 million in net inflows. The main driver remains the Bitwise Solana ETF, which not only delivered the second-most successful ETF debut of the year, but has already accumulated $608 million in assets, according to SoSoValue data. Unlike Bitcoin and Ethereum ETFs, Solana products posted positive net flows on every trading day this week. Adding to the bullish narrative, Invesco Galaxy recently filed Form 8-A with the U.S. SEC, signaling that another Solana ETF is close to launch. The product will trade under the ticker QSOL. These fresh TradFi inflows could act as a catalyst for SOL — but the technical picture still needs confirmation. ⸻ Solana Technical Analysis Over the past 12–24 hours, SOL traded in a tight range between $131.60 and $133.82 (last six candles). The current price stands at $132.43, slightly below the previous daily close at $132.88. Market capitalization is approximately $74.5 billion. Price action remains below the 20-day EMA at $133.71, and the latest structure shows slightly lower highs, indicating short-term pressure. Key support levels are located at $132.20 (Fibonacci) and $128.50 (lower Bollinger Band). Immediate resistance sits at $133.82, followed by $137.79. As long as SOL trades below the EMA-20, the market structure remains neutral to mildly bearish. ⸻ Momentum & Volatility • RSI (14): 33.7 — weak momentum, approaching oversold territory • Momentum histogram still points lower, though downside acceleration is slowing • Bollinger Band width: ~$9.74 (~7.3%) — moderate but noticeable volatility This setup suggests consolidation, not a confirmed reversal yet. Risk remains elevated while price stays below dynamic resistance. ⸻ Short-Term Solana Outlook Bias: Neutral → slightly bearish Key supports: • $132.20 (Fibonacci) • $128.50 (lower Bollinger Band) Key resistances: • $133.82 • $137.79 A break above $133.82 would open short-term upside toward $137.79. A break below $128.50 increases downside risk toward $123.11 (Fibonacci base). Watch RSI (33.7) and the EMA-20 ($133.71) as primary short-term triggers. Given the current volatility and large market cap, conservative position sizing remains essential.