Solana has had it's share of issues over the past week or so, and the price certainly reflects that, although after a run like it had, you could expect this type of correction anyway.
At this point, I like the level tested as at least a short term bottom. If the trend line can be broken then I think the 0.382 fib would be a good level to watch for resistance.
If price is rejected again inside this wedge then I think we lose this support and head down possible to around $115-120
At this point, I like the level tested as at least a short term bottom. If the trend line can be broken then I think the 0.382 fib would be a good level to watch for resistance.
If price is rejected again inside this wedge then I think we lose this support and head down possible to around $115-120
Note
so far so good:Note
OK, so that wasn't bottom, but I think this one is....Note
Sol looking good. Some Sol ecosystem coins are warming up as well:
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.