SOL Update Now | Next Move 75$ Or 25$ ?
Hello brothers, how are you? I hope you're now in profit because, if you've read all our updates, you'll be aware of the market conditions and movements.
SOL is expected to reach $51.60, and after a retest, pump to 60$ is expected. In the long term (1-3 months), I think SOL will reach $100-$125.
Solana is currently trading around $58.30
According to the four-hourly chart.
📍4h Chart
- Resistance: $61.88
- Support: $55
Solana may potentially test the range of 50-51 coming weeks. If it bounces, it could reach the resistance at 68. However, if it fails to hold this position, the next support 1 area is at 46.88$. I think this support will not be broken; if it is, we will see 38$ support area 2.
If 46 holds, SOL could rise to 48, 52, 57, and beyond. Breaking the support at 46.88 might lead to a further drop to 38$.
In my opinion, Coming weeks Sol might retest the support 1, and if it doesn't hold, it could drop to 47$ or lower, like 38-25$.
✅ In my view, a minor correction to $56.90 or lower in the next 1-2 hours before rising to $60 or higher is possible. Share your thoughts. 👍 SOL very choppy for me so sideways.
Follow for regular TA updates and comment your opinion and what analysis you want next?
Even if 20,000 people see this post, only 1% will follow because they want to learn. I hope you're one of them. I don't know why 99% are not following me 😃
#SOLPriceAnalysis
Hello brothers, how are you? I hope you're now in profit because, if you've read all our updates, you'll be aware of the market conditions and movements.
SOL is expected to reach $51.60, and after a retest, pump to 60$ is expected. In the long term (1-3 months), I think SOL will reach $100-$125.
Solana is currently trading around $58.30
According to the four-hourly chart.
📍4h Chart
- Resistance: $61.88
- Support: $55
Solana may potentially test the range of 50-51 coming weeks. If it bounces, it could reach the resistance at 68. However, if it fails to hold this position, the next support 1 area is at 46.88$. I think this support will not be broken; if it is, we will see 38$ support area 2.
If 46 holds, SOL could rise to 48, 52, 57, and beyond. Breaking the support at 46.88 might lead to a further drop to 38$.
In my opinion, Coming weeks Sol might retest the support 1, and if it doesn't hold, it could drop to 47$ or lower, like 38-25$.
✅ In my view, a minor correction to $56.90 or lower in the next 1-2 hours before rising to $60 or higher is possible. Share your thoughts. 👍 SOL very choppy for me so sideways.
Follow for regular TA updates and comment your opinion and what analysis you want next?
Even if 20,000 people see this post, only 1% will follow because they want to learn. I hope you're one of them. I don't know why 99% are not following me 😃
#SOLPriceAnalysis