Solana(SOL): Major Resistance Is Approached!!!

Dec 15, 2023

We see a good potential for retracement from the major resistance zone at approximately $79, which is currently being tested. The RSI is hovering near overbought territory, indicating potential for a price pullback.

So with that being said, we are aiming here for three major zones. We have displayed three key support levels: the first support at around $53, followed by a more substantial second support at $41—which appears likely to be tested—and a third support at $27.5.

Dec 16, 2023

Note

While SOL is still testing upper zones, our gameplan remains the same. We are looking at a bigger picture for those lower zones to be filled, but on a smaller timeframe, we are seeing that the price is feeling pushy and trying to go for the upper zones here.