SOLANA SOLUSDT WEEKLY PERSPECTIVE AND SUMMARY OF PRICE ACTION Solana / TetherKUCOIN:SOLUSDTShavyfxhubSOLONA current price =142.50$ Solona is about to experience a drop in price based on structure of the market ,the price rejection of 295.95 in January on weekly time frame was a classic reaction on the the weekly ascending trendline that doubles as the neckline of the head and shoulder pattern and it wont go down without a significant sell off to reset the market after the at all time high rejection at 295.95 .the weekly candle came back on a psychological horizontal trendline and rejected again at 251.800$ zone on weekly time frame and trigger sell order which break above will be a buy confirmation with target exceeding 350$ is possible . buyers will have show that they have the much needed liquidity to keep price at the current support zone ,otherwise break and close 131.94$ as illustrated on the chart on weekly TF will find support at 78.47-72.9$ zone FOMO, this habit makes a lot traders close position or open position, if we retest the 78.47-72.95 zone ,many traders might shot into discount liquidity traps which could likely be in the zone of 28.81-15.83$ zone . the trade directional bias remains bullish but i believe that if we respect the current demand floor and buy into 189.04 supply roof which double as a broken demand floor to become our current supply roof ,i will look for sell opportunity from that zone and hold till 78.47-72.8$ zone and aggressive sell off could extend into 28.81-15.83 zone . SOLANA FUNDAMENTAL . Solana (SOL) is a high-performance blockchain platform known for its scalability, fast transactional speeds, and low fees, making it popular for decentralized applications (dApps), DeFi, NFTs, and Web3 projects. It uses a unique Proof of History (PoH) consensus mechanism combined with Proof of Stake (PoS) to achieve high throughput, often exceeding thousands of transactions per second. solana High scalability and low latency enable extensive adoption in gaming, decentralized finance, and NFT marketplaces. the active developer community with a growing adoption of layer 1 and layer 2 solution the planed network upgrades will double its space and boot the capacity and ecosytem growth Major Shareholders Pushing for Solana ETF: Several institutional investors and asset managers hold significant shares in Solana ETFs, including: Heck Capital Advisors LLC Tactive Advisors LLC Militia Capital Partners LP Brighton Jones LLC These firms actively support Solana exposure through ETFs, boosting institutional interest and liquidity. Solana ETF Approval Outlook: The U.S. Securities and Exchange Commission (SEC) is in the final stages of reviewing multiple spot Solana ETF applications. Approval is widely expected imminently before the close of 2025 .if this happens it will become a major catalyst for growth Summary Solana is a fast, scalable blockchain driving innovation in DeFi, NFTs, and dApps, backed by a growing institutional investor base pushing for ETF adoption. Approval for spot Solana ETFs in the U.S. is highly likely by late 2025, which would be a significant growth driver. GOODLUCK.