English
62414
 Solana shares began a steady rise above $165. SOL price is currently consolidating and facing resistance near $172.
Solana Price Possible to Breakout HigherSolana price remains stable and like Bitcoin and Ethereum Same, a nice rebound started above $155 . SOL managed to break above the key price level of $162. SOL/USD price broke above the 50% Fibonacci retracement level of the decline move from the $188 high to $145 low. However, bears are currently active near the $172 resistance zone. Additionally, an ascending channel is forming on the hourly chart of SOL/USD with resistance at $175. Solana is currently trading above $162 and the 100 hourly simple moving average. On the upside, immediate resistance is near $172 and the 61.8% Fibonacci retracement level of the decline from the $188 high to $145 low.  The next major resistance is near $175. Major resistance is likely to be at $188. A successful break above the $188 resistance zone could set the stage for the next round of steady gains. The next key resistance level is $202. If the price continues to rise, it could head towards the $220 mark. SOL (cruise time) down again?If SOL fails to break the $172 resistance, the decline is likely to continue. Initial support on the downside is near $165. The first major support level is near $162. If it breaks below the $162 mark, the price may test towards the $155 support area. If the price closes below the $155 support, the price may fall further towards the $150 area in the short term. Technical indicators Hourly MACD Indicator – The MACD indicator for SOL/USD is accelerating in bullish territory. Hourly RSI (Relative Strength Index) – The RSI for SOL/USD is above the 50 level. Major support levels – $165 and $162. Major resistance levels – $172 and $175. The next market trend is particularly critical, and opportunities are fleeting! Don't let hesitation hold back your wealth dreams, and don't let the trap of air coins swallow up your principal! Scan the QR code below to take you through the entire bull market! Joining us means standing on the shoulders of giants and seizing the opportunity to get rich. If you miss it, you may miss the opportunity a hundred times! Many friends still don’t understand the current market. It’s hard to buy at the second level, and they don’t understand at the first level. You can join us! Level one feeding tutorial, level two real-time entry and exit points and position allocation details, a group of professional people will serve you! You can follow me or add me on WeChat below! Welcome everyone to join my group to discuss and exchange information! VX: suiyue3786, backup VX: LS688677   |
|
|
|
|
|
