1Create a free account on the Binance website or the app.
2Choose how you want to buy the Solana asset.
3Check the payment details and fees.
4Store or use your Solana in Binance.
Other Cryptocurrencies Available on Binance
Binance: Where The World Trades Solana
Fast
Simple
Secure & Trusted
Liquid
What Can You Do With Solana (SOL)?
People Also Ask: Other Questions About Solana
1How Can I Safely Buy SOL on Binance?
2Which Payment Methods Can I Use to Buy SOL on Binance?
3Can I Buy SOL Instantly with a Debit or Credit Card on Binance?
4Can I Buy SOL on Binance?
5Why Do I Need to Complete KYC to Buy on Binance?
6Which Cryptocurrencies Can I Buy on Binance?
Binance Square
$SOL volatility in the market hasn't returned yet, high formed in the London is most probably the high of the day, price will most likely to go down.
Further story about solana price will become clear after tommorow London session. For now market is in stalemate / consolidation phase.
Every consolidation is followed by expansion and every expansion is followed by either retracement or reversal. Reversal requires deep insights on price action. So if that happen I will let you know. For now price is in consolidation and let's see where it will most likely expand.
To my anticipation, there are high chances of price to expand lower. Just avoid trading sol for now.
{future}(SOLUSDT) #BinanceAlphaAlert
$SOL
{spot}(SOLUSDT)
{future}(SOLUSDT)
Hey Binance Square Fam! 👋 Let's talk about Solana (SOL) ☀️ and what the charts are telling us! Get ready, because we're diving deep into some potential market-moving patterns! 🕵️♀️
Here's the lowdown:
SOL is showing some major signs of divergence! Think of divergence like a flashing red light 🚨 on the charts, warning us of a potential trend reversal. In SOL's case, we're seeing a rising wedge pattern coupled with a completed 5-wave Elliot wave formation. 🧐 (Don't worry if these terms sound complicated, we'll break it down!)
What does it all mean? 🤔
Basically, these patterns suggest that the current upward trend might be losing steam 💨 and we could see a significant price correction soon. 📉 Think of it like a coiled spring ➰ – the more it's pulled back, the stronger the potential snap! 💥
Where could SOL be heading? 🎯
Our analysis points to two key demand zones where buyers might step in and support the price:
* Zone 1️⃣: Around $110 This is the first line of defense! We could see a bounce here. ⬆️
* Zone 2️⃣: Around $60 This is a much lower target. While technically possible, it would be a substantial drop. 😬
Important Note: While the divergence is a strong signal, the market is a wild beast 🦁 and can be unpredictable! There's no guarantee that the price will reach either of these demand zones. Always remember to do your own research and manage your risk! ⚠️
What should you do? 🤔
* Stay informed! Keep an eye on the charts and follow the price action closely. 👁️
* Manage your risk! Don't invest more than you can afford to lose. 💰
* Join the conversation! Share your thoughts and insights in the comments below! 👇
Let's discuss! What do you think about SOL's current outlook? Are you bullish 🐂 or bearish 🐻? Let's chat! 🗣️
Don't forget to like 👍, share 🚀, and follow for more insightful crypto analysis! 🎉 #SOL #Solana #Crypto #Trading #Analysis #BinanceSquare #Divergence #ElliotWave #DemandZone #MarketUpdate