Solana just like Rune saw impressive bull run in the past year. Market is currently under heavy correction however Solana seems to be holding best against many other Defi coins but for how long? Check the video for my overall thoughts on macro price structure.
Solana is a great project, fundamentally. But the hype is cooling down for a short period of time. We can expect to see SOL touching 200MA and previous ATH in the coming weeks or days followed by Bitcoin correction. I have buy orders as follow: 1. 25% @ $20 2. 25% @ $17 3. %50 @ $15
Solana price action is currently looking weak specially when we observe the declining volumes. It's currently sitting right under a important resistance range.There not are good place to place new longs. Remember that everything is probability and we need to look for places where odds and risk-reward is more favorable. In the video I walk through some technical...