SOL$SOL
A slight rise accompanied by stable expectations suggests a recovery may be on the way. This is the best time to enter and recoup losses.
If the price breaks through successfully, closes a 4-hour candle above 90.30, and holds steady, the next targets will be:
First target: $91.78
Second key target: 94.60
If the price fails to hold the 89.00 level and selling pressure returns, it will mean a retest of immediate support at 88.24. Once the daily candle closes below this floor, the door will open to further declines, with the 85.00 support zone as the target.
#SOL #Solana #TechnicalAnalysis
A slight rise accompanied by stable expectations suggests a recovery may be on the way. This is the best time to enter and recoup losses.
If the price breaks through successfully, closes a 4-hour candle above 90.30, and holds steady, the next targets will be:
First target: $91.78
Second key target: 94.60
If the price fails to hold the 89.00 level and selling pressure returns, it will mean a retest of immediate support at 88.24. Once the daily candle closes below this floor, the door will open to further declines, with the 85.00 support zone as the target.
#SOL #Solana #TechnicalAnalysis