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Price Prediction

The price of Solana enter the trend of unification above 130 dollars that can end in collapse

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Solana Show signs of pre -collapse behavior Because it merges less than an important price threshold. According to the new technical analysis that RLINDA shares on the TradingView platform, the level of $ 136 is currently a decisive resistance point, and the current Solana behavior of the current trading indicates that the step is higher than this level can ignite a new batch even with the presence of the global market situation.

Solana finds stability after a false collapse

The current structure of the Solana price scheme reflects a remarkable recovery after what the analyst described as a wrong collapse below the domain support zone. This wrong collapse indicates the collapse of the price between the last week of March and the first week of April, when the price of Solana was during it. Fractures for less than $ 100. It is worth noting that this break, which is less than $ 100, came as an extension of the operating decline after a lower break from a major support range ranging from $ 115 and $ 108.

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After dipping for a while under the main support, Solana quickly recovered, and The market responded with Renew the purchase pressure that sent its price to above $ 130. However, this batch began to slow down, with resistance at $ 136 and a unification stage ranging from $ 130 and $ 136.

This scope of monotheism proves that it is an important area of ​​Solana’s Saudi potential to move forward, According to rlinda. This behavior is further strengthened by liquidity dynamics. The analyst highlights the imbalance in the liquidity created by the last wrong collapse, which may prefer the movement of upward prices as Solana Bowles seeks to restore the upper areas of more than $ 136.

Solana
source: RLINDA on Tradingview

The ongoing step of more than $ 136 can be the initial operator of penetration, which may transform market morale in the short term in favor of Solana. If this scenario is unfolded, this step will provide a technical confirmation of the growing power among buyers. These bullish capabilities are noticeable, even as Rellea noticed that The global market situation is declining.

The maximum of 136 dollars may exceed the highest price for Solana

When talking about the status of the global declining market, the RLINDA analysis is classified as the local Solana preparation as a neutral, indicating that The price is in the domain Instead of offering a final direction. The dynamics of the encryption market also gives weight to the upcoming expectations of Solana. Bitcoin, the dominant force in the encryption market, is the same under the unification and close connection to Solana’s movements in recent weeks. If Solana managed to close and unify more than $ 136, the graph opens up to a series of local goals, as levels of $ 140, $ 147 and $ 152 are the following areas of interest.

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At the time of this report, Solana is trading at $ 134.80, an increase of 0.5 % in the past 24 hours and 15.6 % in the past seven days. Even if the outlook is upward, it may still be slight corrections with the development of this process. In such a scenario, Fibonacci will equal 0.5, about $ 125.28, Provide a pillow To correct prices. As such, any short -term decline in the current price level may be met with strong support and accumulation when FIB decline. Other support levels at $ 129, $ 123 and $ 111.

Solana
Sol Trading at $ 134 on 1D graph | Source: Solusdt on Tradingvief.com

Distinctive image from Adobe Stock, Chart from TradingView.com

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