As we can see on the daily chart ,Solana has had a massive run up and found resistance at the 141.4% level of the fibonacci extension which coincides with the previous ATH .
Solana needs to cool off a bit before going on another run up and will probably retest the 170 to 160 usd area before doing so , RSI, MACD and other indicators agree . Also worth mentioning how greedy the market currently is which is never good news .
This is not financial advice , always DYODD before taking action.
Solana needs to cool off a bit before going on another run up and will probably retest the 170 to 160 usd area before doing so , RSI, MACD and other indicators agree . Also worth mentioning how greedy the market currently is which is never good news .
This is not financial advice , always DYODD before taking action.