After a solid recovery from the daily 200MA, Solana has retraced from its local high around $210.
Currently trading around $180, previous resistance and potential support, if the bulls can reclaim $184, we may see a recovery towards $206.
Potential resistance can be expected around $190 first.
Continued short-term weakness from current levels could see price test $170 - $175 as support.
Considering that a new high was created and price is trading above the daily 200MA, the market could be signaling strength and potential for further bullish momentum.
Currently trading around $180, previous resistance and potential support, if the bulls can reclaim $184, we may see a recovery towards $206.
Potential resistance can be expected around $190 first.
Continued short-term weakness from current levels could see price test $170 - $175 as support.
Considering that a new high was created and price is trading above the daily 200MA, the market could be signaling strength and potential for further bullish momentum.
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Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.