SOLANA → Consolidation before resistance. An attempt at growth?

2 days ago

SOLUSDT.P is testing the resistance of the trading range, with pre-breakout consolidation forming, indicating that buyer interest in the coin is emerging.



Bitcoin looks positive, which sets a positive tone in the market. Solana is testing the resistance of consolidation at 194.50; a breakout and close above this level could trigger a distribution to 210.
Focus on local consolidation at 191-195. Before attempting to break through resistance, the coin price may test the zone of interest at 191 - 188.7. A false breakout could cause a shift in market potential in favor of the buyer, which in turn could trigger a breakout of 195 and growth.

Resistance levels: 194.5, 209
Support levels: 190.1, 188.7

A retest of resistance, consolidation after growth, and no reaction to bears are positive signs that a breakout attempt may be realized. A close above 194.5 - 195.0 would be a good sign for growth.

Sincerely, R. Linda!

14 hours ago

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