SOL $105 - Holding The Golden Fib! Is a Reversal Coming?*
Solana is trading at $105.31 after a perfect bounce from the 0.786 Fib level ($101.65).
Here's what the chart is telling us:
FIB LEVELS:
0.382 - $113.46 (Resistance)
0.5 - $110.01 (Resistance)
0.618 - $106.56 (Golden Pocket - Key Level)
0.786 - $101.65 (Strong Support - Bounced!)
SOL went from $92 to $124 in September, now it's just correcting. It's still -43% down on the 1 Year chart, so long term potential is still huge.
My Plan:
I am not longing until we reclaim $106.56. If we hold $100.35, the next targets are $110 and $113. If $100 breaks, $92 is next.
$SOL is a buy at $100-$102 for a spot. Not for panic selling.
Are you buying this dip or waiting for $96?
*#SOL #Solana #SOLUSDT #Crypto
Solana is trading at $105.31 after a perfect bounce from the 0.786 Fib level ($101.65).
Here's what the chart is telling us:
FIB LEVELS:
0.382 - $113.46 (Resistance)
0.5 - $110.01 (Resistance)
0.618 - $106.56 (Golden Pocket - Key Level)
0.786 - $101.65 (Strong Support - Bounced!)
SOL went from $92 to $124 in September, now it's just correcting. It's still -43% down on the 1 Year chart, so long term potential is still huge.
My Plan:
I am not longing until we reclaim $106.56. If we hold $100.35, the next targets are $110 and $113. If $100 breaks, $92 is next.
$SOL is a buy at $100-$102 for a spot. Not for panic selling.
Are you buying this dip or waiting for $96?
*#SOL #Solana #SOLUSDT #Crypto