Scenario for 1D :::: In the past week, SOL's trend was quite a range.The price is still trading within the temporarily broken support zone.Solana was considered to have resistance last week in the range of $13.95 to $14.5, but buyers did not attempt to break this resistance.As a result, Solana will be one of the vulnerable currencies in the event of a correction in the market and a fall in prices. This currency has the potential to break its support at 12.In this instance, we can anticipate the range of $8.7 to $8.13 as the next target for sellers.
**2H's scenario::::**I'd like to draw your attention to the graph because it depicts the Solana trading inside a triangle.The price is now trading below the resistance line.The price could continue to fall and break out of the area that serves as a support. In my opinion, the price could break out of the area that serves as a support and fall to the level of 12.57. I anticipate this scenario, so be ready for the next moves.
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.