Solana has witnessed great price gains recently, reaching the highest level in two months and is limited to breaching a brand of $ 180.
However, it faces a crucial resistance level to prevent tuigne from exceeding $ 200. With market conditions and investor behavior in play, the journey may be to 200 dollars for Solana.
Investors in Solana move for sale
Many Solana (SOL) are the profit reservation, which contributes to the high profit/loss rate. This indicator has risen to 15.0, indicating that excessive sale may be a source of concern. Historically, when this ratio crosses the 10.0 threshold, it often leads to short -term corrections.
This behavior, which also achieves profits, can exacerbate market fluctuations, which may delay or stop the Solana gathering. The flow of sales can affect the price, even as Solana can make great gains over the past month.
As a result, Sol can face a reflection.
Solana’s technical indicators also indicate that his upscale momentum may come close to saturation. The RSI (RSI) index is currently sits above 70.0, putting Solana in the peak purchase area.
This indicates that the altcoin gathering can reach its climax, similar to what happened in mid -January 2025, when the Solana price witnessed a decrease after reaching similar levels. The relative strength index, in addition to the investor’s behavior, indicates that the price of Solana may come close to a short -term decrease.
Sol Price faces an old enemy
Solana’s price increased by 61 % during the past month, as it was circulated at $ 170 at the time of writing this report. Altcoin reduces $ 180, not far from the long -awaited $ 200 sign.
If the current momentum continues, Solana may exceed this resistance and gathering towards a $ 200 teacher, which raised more benefits and investment.
However, the factors discussed above may cause Solana’s price concern. The combination of increased pressure pressure and excessive technical indicators at the height of the reflection can lead to a reflection.
In this case, the Solana price may decrease to $ 161 or less, as the level of $ 148 is likely to be the next main support. This would keep the barrier for a period of 3 months of $ 180, which delays the long -awaited penetration.
On the other hand, if Sol is absorbed by new investors, and the price can carry its gains, Solana may exceed $ 180 resistance. This would open the path to 200 dollars, which nullifies the declining view and continuing its upward direction. Such a move requires the constant market confidence and demand to overcome the current barriers.
Disintegration
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