SOL → One step away from ATH. Will the maximum be updated?

19 Nov 2024

SOLUSDT is rallying and testing the high of 248.44, but what is remarkable is that the coin is not pulling back, but consolidating with the aim of reaching ATH or even updating it.



The fundamental background of the coin is strengthening as an exchange-traded fund may emerge on the basis of Solana, most likely the issue will be discussed in 2025. There are only 2 ETFs approved so far, bitcoin and etherium.
Technically, on W1 the bulls are trying to take control of the 243-244 area. Buyer's chances are quite promising, accordingly, if they manage to keep the defense above this zone, the coin has all chances to form a new all-time high.

Resistance levels: 245.3, 248.5, 259.9
Support levels: 242.3, 234.3

The trigger zone is 245.3. A breakthrough and price consolidation above this zone may provoke aggressive buying with the purpose of growth continuation.
It is possible that the price may form a correction, for example, to 242.3, 238, 234 before continuing its growth

Rate, share your opinion and questions, let's discuss what's going on with ★ SOLUSDT ;)

Regards R. Linda!

22 Nov 2024

Dagangan ditutup: sasaran tercapai

259.90 (new ATH 264.4)