Analysts See $300+ as Solana Staking ETF Gains Approval Buzz. Photo by BeInCrypto Solana price has had a tricky few weeks. Each attempt to break resistance has ended in a short-lived bounce. The token is down 10% over the past seven days but still holds a small three-month gain of about 2%, keeping its broader uptrend intact. Now, another bounce looks possible — and this time, both on-chain and chart data suggest it could build into something stronger, provided the Solana price clears key resistance level ...

Core Viewpoint - Nike is set to report its fiscal first-quarter earnings next week, with Goldman Sachs maintaining a buy rating and a $95 price target on its shares, anticipating continued improvement in fundamentals and recovery in key segments like performance running and women's apparel [1][2]. Company Performance - Over the past five years, Nike has underperformed, down approximately 45%, while the broader market and consumer discretionary sector have seen larger gains [3]. - Year-to-date, Nike is performing better than other apparel companies, with competitors like Lululemon down over 52% [4]. Recent Developments - Nike has launched a collaboration with Kim Kardashian's Skims activewear brand, which is estimated to be worth around $4 billion, marking a significant opportunity for Nike [5][6]. - This collaboration is part of Nike's broader turnaround strategy, leveraging celebrity brand integrations that have been successful in the retail sector [7]. Technical Analysis - Nike's stock has been trending downward, with notable resistance at the $80 level and current trading around $69, indicating a precarious situation ahead of earnings [9][10]. - The Relative Strength Index (RSI) is in the oversold area, suggesting weakness in the market trend, which is not favorable for bullish sentiment heading into earnings [11]. Analyst Commentary - Recent price target adjustments include Morgan Stanley lowering its target from $70 to $64, and Telsey Advisory adjusting from $70 to $75, both maintaining equal weight ratings [12]. - Analysts express cautious optimism, noting potential low single-digit sales declines due to headwinds like rising costs from tariffs and softer demand from China [13]. Options Activity - Options trading volume for Nike reached about 114,000 contracts, with a 60/40 split favoring calls over puts, indicating some bullish sentiment [14]. - The expected price movement for October 17th suggests key levels of $62 to the downside and $76 to the upside, with significant open interest at $95 for calls and $67.5 for puts [16].

Welcome back to the crypto channel everyone. My name is Josh and right now Bitcoin just confirmed a daily candle close above this important line of resistance. But we've also just run into this important area of resistance.Seen a short-term rejection but now we're retesting previous resistance to possibly flip it into new support as more liquidity is building just above the price of Bitcoin which we need to pay attention to. So, I'll be talking about that in just a moment alongside Ethereum possibly repeati ...