The cause of confidence
The strict editorial policy that focuses on accuracy, importance and impartiality
It was created by industry experts and carefully review
The highest standards in reports and publishing
The strict editorial policy that focuses on accuracy, importance and impartiality
Morbi Pretium Leo Et Nisl Aliguam Mollis. Quisque Arcu Lorem, Quis Quis Pellentesque NEC, ULLAMCORPER EU ODIO.
Solana continues to face the resistance at the level of $ 160, and has failed to restore it despite multiple attempts during the past few days. With the weakening of the market momentum and the high volatility, cautious investors grow. Bitcoin and Ethereum – the leading indicators – also show signs of fatigue, unable to overcome their last highest levels. This has sparked fears that the wider market recovery can be followed.
Related reading
However, not all analysts turn into a decline. The prominent trader Kaleo participated in a bullish artistic look, indicating that Solana is still one of the most promising heroes if the encryption market regains strength. According to Kaleo, if Momntum Returns and the market rose in the coming months, Sol can gather sharply and mark at a level of $ 300 – a step that would double its current price. However, such a scenario is likely to require a broader participation and rejuvenation of appetite for dangers across digital assets.
Currently, Sol trades in a narrow range, with its short -term expectations on Bitcoin and Ethereum behavior. If the leading assets stabilize and bulls enter, Solana may be prepared for hacking. Otherwise, the additional passive side cannot be excluded as uncertainty is heavily over feelings.
Solana faces uncertainty, but eyes explosive explosives over multi -year resistance
Solana (Sol) is currently struggling to find a strong demand as the market conditions are cold after an intense gathering earlier this year. While trading has slowed down and it seems that the domain momentum fades, optimism continues between investors in the long run. Many expect that once the wider market strength returns, Sol can start a strong transition to higher supply areas and may reach the highest new levels ever.
This cautious optimism comes amid growing global tensions. The ongoing tariff between the United States and China still disturbs the financial markets, and strain signals in the American bond market are warning about regular risks. In the event that this macroeconomic pressure is intensified, Altcoins, such as Solana, may face renewable winds where investors are in safe assets.
However, despite the current uncertainty, Calo preserves Long -term expectations Soul. According to his analysis, as soon as Solana reaches the level of $ 300 – a major historical resistance – can be divided into prices. This would represent the end of the multi -year unification phase and may unleash an equivalent gathering.
Such penetration will not only verify the validity of the basics of Solana and the ecological system, but also indicates a broader confidence in the return of the altcoin sector. Until then, patience and strategic position are still very important.
Related reading
The main support support but the momentum is still weak
Solana (SOL) is traded at $ 157.46 after a little bit of its lowest level is about $ 154, indicating modest signs of stability. The price tests EMA for 34 days near $ 162, which was a dynamic resistance in the last sessions. Sol is still besieged under SMA for 200 days at 178.88 dollars, indicating that the broader trend remains under pressure. Restore from this level is crucial for bulls to restore confidence.
The size remains relatively silent, indicating that there is no strong conviction from either side. If Sol is able to pay over a scale of 162 – 165 dollars, it can open the door to re -test the resistance area of $ 180. However, failure to break EMA for 34 days may soon lead to another leg towards SMA support for 100 days near $ 144.
Related reading
The chart shows the highest low levels since mid -May, adding pressure to the bullish structure. However, the fact that Sol continues to stick to a $ 150 region indicates that buyers are still defending the main demand.
A decisive break and the closure of more than $ 165 may confirm a strong size on a short -term reflection. Until then, Sol remains associated with neutral bias to slag unless the momentum is accelerated to the upward direction.
Distinctive image from Dall-E, the tradingView graph
