Solana Technical Analysis As ETF Launch Opens Doors For Traditional Investors

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Summary Nearly a year after the SEC opened the door to crypto ETFs, REX-Osprey has launched a Solana investing and staking ETF under the ticker SSK on the CBOE exchange. The technical picture is not looking the most bullish for Solana, despite a solid rebound on the Support 2. Prices formed a lower high double top and prices have been retracing since with RSI Momentum close to oversold on shorter timeframes. By Elior Manier The current session is marked by low volumes but still sees pockets of v...