Solana targets $ 200 as the market witnesses first market
Solana is trading at $ 133.55, and has increased by 5.75 % over the past 24 hours, with an increase of $ 136.08 and the lowest level in $ 132.81. With the market formation of about $ 68.12 billion, Sol in the first five centers in encrypted currencies despite its 54 % decrease from its highest level ever at $ 285.
Feelings in Sol in the market are still positive as the distinctive symbol is combined in the composition of a similar triangle. Recent price procedures indicate that merchants pay close attention to the level of $ 134.
Sol price analysis
The graph for 4 hours clearly indicates that Sol has created a similar triangular style since early March, which reflects the unification period after declining from $ 200. The current price procedure indicates the Sol Test, the upper edge of this triangle, about $ 134, with a decrease in volume with a maturity of the pattern, indicating the next penetration decision.


The main resistance points are determined on $ 137.87 and $ 149.65 with resistance in the short term in the upper direction line. Support within the day in the lower direction line with more support at $ 125.94 and significant support at $ 113.16 if the bear pressure increases.
The pivot points on the chart indicate to the Sol currently between the S1 ($ 125.94) and R1 ($ 137.87), with a main level of $ 134 is a decision or break. Axis levels also indicate many resistant obstacles in the foreground, as the R3 was at $ 162.58 represented a major obstacle in any extended gathering.
The random RSI index currently records 90.79/95.36 readings, at peak purchase levels. These readings usually indicate a possible exhaustion in the prevailing direction, and indicate that Sol may face a decrease in the near future.
Sol price goals
If the Sol crosses the downtown line at about $ 134-135 dollars, the first goal will be at $ 137.87 and then R2 at $ 149.65. If the step persists at this level, you will target R3 at $ 162.58.
The triangle height may save about $ 30-35 on the graph at the penetration point, a technical goal of about $ 165-170 for upward or 100-105 dollars for a declining collapse.
Solana Futures ETFS for Wall Street
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