Good morning, Solana is currently at the lower part of the channel and has tested the ascending trendline multiple times. A breakdown of this trendline could push the price down to the first support level, around $198. Conversely, a bullish breakout could drive Solana to the upper part of the channel, around $220. Awaiting confirmation.
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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.