Can Solana’s Brazil ETP Narrative Spark a Price Breakout? You Won’t Believe What Happens Next! 😱

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So, it seems like Solana has decided to take a little nap after weeks of drama. Picture this: SOL is down about 10% in the last month, and in the last 24 hours, it’s just been lounging around like it’s on a beach in Brazil. Talk about a chill day! 🌴

Meanwhile, in the land of crypto dreams, Solana is quietly trying to get its foot in the door with some fancy institutional investors in Brazil via Valour’s Solana ETP (that’s Exchange-Traded Product for those who skipped the finance class). This listing on the B3 exchange could be the equivalent of a warm hug for Solana at a time when the charts are throwing some serious breakout vibes. The burning question? Can this new narrative help Solana shake off the sellers, or are they still throwing a party and not inviting anyone else? 🎉

ETP Hype Meets a Sloping Breakdown Structure

Valour’s Solana ETP is like giving Brazilian investors a VIP pass to the SOL party. While it might not send prices soaring immediately, it’s like a safety net during those awkward selling moments. And let’s be real, in a market where every asset is chasing hot narratives, this could be the emotional support we all need.

DeFi Technologies’ Subsidiary @ValourFunds Approved to List Valour Solana (VSOL) ETP on Brazil’s B3 Exchange (@B3_Oficial) $DEFT

– DeFi Technologies (@DeFiTechGlobal) December 16, 2025

Now, let’s get technical (but not too technical, because I didn’t bring my calculator). Solana is currently dancing inside a down-sloping head-and-shoulders structure – yes, that’s a mouthful! It’s not your typical clean-cut pattern but rather a messy situation that needs some serious buyer love to boost it up. 📉

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But wait! Some signs of buyers are popping up, like unexpected guests at a party. They could be the ones to help Solana break free from its slump. 🎈

Quiet Accumulation Appears Beneath the Surface

While the price struggles to keep its cool, the on-chain data shows that some sneaky accumulation is happening under the radar. It’s like watching people secretly hoard snacks at a gathering. 🍿

The 3-month to 6-month holder crowd has stepped up their game, increasing their share from 11.756% on November 16 to a whopping 16.126% by December 16. That’s a big jump in just one month! Mid-term buyers are coming out of hiding, ready to make their move.

And while we’re at it, the Chaikin Money Flow (CMF) is sending out some positive signals. Between November 3 and December 15, while Solana was busy making lower lows, the CMF decided to be the overachiever and formed a higher low. It’s like one kid in class doing their homework while everyone else is playing video games! 🎮

However, don’t get too excited-CMF is still below zero, which means big money is still playing it safe. The buyers are lurking, but they haven’t gone full throttle yet. Think of it as a BBQ where the grill is warming up, but no one has brought out the burgers yet. 🍔

Solana Price Levels That Decide the Next Leg

Now, the pressure is on Solana to deliver. $141 is the first magic number to watch. If it can reclaim that, we might see a break of the sloping neckline, but don’t pop the confetti just yet! Remember that the neckline is sloping down, so it’ll need some extra convincing. 🥳

Then there’s $153, the holy grail. A daily close above this level would mean buyers have officially kicked the sellers to the curb and could lead us toward the high-resistance zones. Let’s hope they bring snacks! 🥨

On the flip side, $121 is the critical support level. If Solana slips below this, it’s back to square one, and the accumulation thesis could go right out the window. Talk about a plot twist! 📉

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2025-12-17 21:22