Technical Analysis (SOL/USDT - 4H Chart)
Solana has reacted from a Point of Interest (POI) in the $120 - $130 demand zone, showing signs of a potential bullish reversal. The price is now aiming for the first target at $169, with a possible extension toward the second target at $196 if bullish momentum continues.
Key Levels:
- Support (POI): $120 - $130
- 1st Target: $169
- 2nd Target: $196
A successful breakout above $169 could confirm further upside, while failure to hold the POI may lead to bearish continuation.
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Solana has reacted from a Point of Interest (POI) in the $120 - $130 demand zone, showing signs of a potential bullish reversal. The price is now aiming for the first target at $169, with a possible extension toward the second target at $196 if bullish momentum continues.
Key Levels:
- Support (POI): $120 - $130
- 1st Target: $169
- 2nd Target: $196
A successful breakout above $169 could confirm further upside, while failure to hold the POI may lead to bearish continuation.
If you enjoy, press the like button.
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Related publications
Disclaimer
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.