Solana (SOL) Rockets Over 10%: Analyzing The Bullish Trend

Solana started strong increase above the $135 resistance. SOL price is up over 10% on the ETF hopes and it might rise further toward $162.SOL price started a steady increase and cleared the $142 resistance against the US Dollar.
The price is now trading above $142 and the 100-hourly simple moving average.
There is a connecting bullish trend line forming with support at $142 on the hourly chart of the SOL/USD pair (data source from Kraken).
The pair could correct lower and find bids near the $140