Solana’s price has shown enough strength in the past by starting a fast recovery and restoring the previously lost goals. Investors also remain very vigilant due to the progress of the distinctive symbol, as a result, Sol was among the best 5 traders, except Stablecoins. Despite the tremendous interest and strong history, the Sol price appears to be backward while some distinctive symbols appear to be at the foot of a great outbreak.
The Sol price was less for several days. The symbol recently broke the daily trend and showed short -term weakness; However, long -term expectations are still ascending. In times when the decline to $ 130 is going on the surface, the Sol price is quietly preparing for a new ATH. The Sol price penetrated $ 160 before facing the rejection, which is not a failure but the preparation. I left this step behind two stacked FVGs, or fair value gaps, in the short term
Now that the price tried to enter the upper area, which is a re -entering pocket, it may raise the levels that exceed the psychological barrier at $ 180.
As shown in the above chart, the Sol price has recently collapsed from the height sorry and raised a 15 % decrease. Nevertheless, the distinctive symbol appears to be preparing for the massive operation as levels are set at a decisive resistance in Master of 50 days at $ 158.05. When the bulls defended local support at 151.96 dollars, a very high risk of reflection remained. The Sol price is hard to rise above the MA for 50 days, which may achieve a higher height of the declining effect.
On the other hand, MACD shows a decrease in the sale pressure after the bears dominated more than a month. If the distinctive symbol increases and provides more than $ 170 levels, the possibility of a golden cross may be a prominent golden cross. However, the price may rise more than $ 180 and an additional height over $ 200, which may achieve a higher height of the declining effect.
Therefore, the Solana (Sol) price is still preparing to take huge upward measures and once more than $ 200 stable, the distinctive symbol can go towards a new ATH.
