$SOL
is currently trading around the $117–120 zone. The $117 area is an important support level. If SOL holds above this level, it could potentially retest $123–125. A strong move above $125 could indicate further upside momentum.
On the downside, a break below $115–117 could increase the risk of another correction.
Positive factors: Solana continues to develop its ecosystem and network technology, including upgrades aimed at improving speed and scalability.
Simple view: SOL is currently near an important support/resistance area. Watch $117 support and $123–125 resistance closely rather than assuming the price will rise.
#BTC #Binance #Crypto_Jobs🎯 #SECProposesCryptoCustodyRules
is currently trading around the $117–120 zone. The $117 area is an important support level. If SOL holds above this level, it could potentially retest $123–125. A strong move above $125 could indicate further upside momentum.
On the downside, a break below $115–117 could increase the risk of another correction.
Positive factors: Solana continues to develop its ecosystem and network technology, including upgrades aimed at improving speed and scalability.
Simple view: SOL is currently near an important support/resistance area. Watch $117 support and $123–125 resistance closely rather than assuming the price will rise.
#BTC #Binance #Crypto_Jobs🎯 #SECProposesCryptoCustodyRules
