SOL (Solana) my notes for long-term
The price is having difficulty making new highs, and the RSI confirms this. $170 is the most important support; if this is lost, the $130-155 range can be tested. Below, $110 and $80 are important supports.
Positive scenario; if the price gets continuous support from $170, new ATH attempts may come. (260 - 415 - 510 - 670 dollars)
Negative scenario: If $170 is lost, the price will search for the supports I mentioned below for a long time and consolidate between these supports. It could be a sideways market or a downtrend.
These are the situations I am currently watching and expecting.
This is not investment advice.
Positive scenario; if the price gets continuous support from $170, new ATH attempts may come. (260 - 415 - 510 - 670 dollars)
Negative scenario: If $170 is lost, the price will search for the supports I mentioned below for a long time and consolidate between these supports. It could be a sideways market or a downtrend.
These are the situations I am currently watching and expecting.
This is not investment advice.
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.
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.