Solana Technical Analysis
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FxNews—Solana is trading bearishly below the 100-period SMA, with immediate resistance at $168.50.
The SOL/USD trend outlook will remain bearish as long as bears hold positions below $168.50. In this scenario, the next bearish targets would be $158.00, followed by $152.00.
Please note that a close above the immediate resistance would invalidate the bearish scenario.
The SOL/USD trend outlook will remain bearish as long as bears hold positions below $168.50. In this scenario, the next bearish targets would be $158.00, followed by $152.00.
Please note that a close above the immediate resistance would invalidate the bearish scenario.
Transakcja zamknięta: osiągnięto wyznaczony cel
Solana's downtrend has now reached the October 15 high at $158.00, which serves as active support. The 14-period RSI suggests that the downtrend may continue.
Immediate resistance remains at $168.50, and the market outlook stays bearish as long as this level holds. The next bearish target could be the $152.00 mark.
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