Solana could drop to test 40 support
After the break above consolidation's resistance back in mid-October, Solana has risen very nicely and had a high at 68.
After the initial correction, a new leg-up followed, however, this new rise failed to pass above the previous high and SolUsdt fell again.
At this moment the coin is trading at 60 and a drop under 55 will confirm that a deeper correction could follow.
The target for this correction is 40 strong support zone
After the initial correction, a new leg-up followed, however, this new rise failed to pass above the previous high and SolUsdt fell again.
At this moment the coin is trading at 60 and a drop under 55 will confirm that a deeper correction could follow.
The target for this correction is 40 strong support zone
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
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.