Forward Industries: Solana Rival Bids Rejected

Forward Industries keeps pushing Solana treasury acquisitions yet receives zero takers from rivals. Past-year attempts at consolidation among Solana treasury firms produced similar dead ends amid regulatory friction and valuation gaps. SOL trades at $75.55 inside a bullish structure defined by EMA50 support at $68.74 and EMA200 at $75.77. With price testing upper Bollinger resistance at $74.65 while RSI flashes overbought at 80.37 and MACD holds a golden cross at 1.92, a healthy retracement toward the 50-EMA appears probable before continuation. Traders watching Solana treasury acquisition and crypto M&A activity now price in near-term volatility exhaustion.