ETF price crash had already hit luckily it doesn’t look that bad & solana had found its footing
Made support around $162-$180 area such a huge move for solana to keep the bulls steady.
Does it mean $300 next ( that’s a maybe) let me tell you why; so solana has to bullish move upwards and play around the resistance which is around $190-$199 area .. so in order for solana to break above 200$ is to breakout above $185-$190 area and form a minimum consolidation to breakout bullish even more.
Solana had already made some corrections but there’s no way solana will drop a lot more below $185-$162 area if that happens then solana will collapse , bitcoin , Ethereum , Dogecoin & XRP will follow along.
All those cryptos are doing the same momentum as solana but different way to breakout the bulls to free away from the resistance pressure.
Can bulls can do it ? I bet they can.
It’s still in a good buy position I’ll keep it long and simple and pay attention any spikes reversal.
I’ll buy solana around $185 area and profit take $195-$205 area as a simple long-ish short buy.
If going big then take profit at the recent ATH $260 or new high around $300 area.
Solana will be going slow and steady but pay attention to the spikes
Made support around $162-$180 area such a huge move for solana to keep the bulls steady.
Does it mean $300 next ( that’s a maybe) let me tell you why; so solana has to bullish move upwards and play around the resistance which is around $190-$199 area .. so in order for solana to break above 200$ is to breakout above $185-$190 area and form a minimum consolidation to breakout bullish even more.
Solana had already made some corrections but there’s no way solana will drop a lot more below $185-$162 area if that happens then solana will collapse , bitcoin , Ethereum , Dogecoin & XRP will follow along.
All those cryptos are doing the same momentum as solana but different way to breakout the bulls to free away from the resistance pressure.
Can bulls can do it ? I bet they can.
It’s still in a good buy position I’ll keep it long and simple and pay attention any spikes reversal.
I’ll buy solana around $185 area and profit take $195-$205 area as a simple long-ish short buy.
If going big then take profit at the recent ATH $260 or new high around $300 area.
Solana will be going slow and steady but pay attention to the spikes