BYBIT:SOLUSDT.P   SOLUSDT Perpetual Contract
Recently, we've been seeing a lot of bull move on solana. From $9 - $13 and it is presently trading at $25. According to my analysis using key Fibonacci levels of 0, 0.23, 0.618 and 1.0. Solana has consolidated from this levels. Initially Solana was to experience strong price consolidation at 19$ level but the bull rally was much more stronger which eventually made Solana drop extensively from 25$ to 20$ level by mitigating the previous $19 level and 0.618 Fibonacci. This has made more confirmation after Solana pull back up and broke the 25$ level recently and having proper consolidation as expected. So now we are targeting 30$ at this moment at 1.618 Fibonacci level.

I'm buying Solana at this present $25 level. Let me see what you suggest from the comment below 🙂

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.