SasanSeifi 💁‍♂SOL/4DAY Long-Term 🧐

18 thg 3

Hey there,✌
Solana's price oscillated between $10 and $27 for an extended period. After breaking the long-term downtrend line, the demand for SOL increased, resulting in an upward trend for approximately 6 months. the price has ranged and accumulated volume around $100 before surging to $207.
Current Movement: The price is heading towards its previous all-time high (ATH) of $259.

Scenarios:
1. If the momentum weakens around $250 and is confirmed, the price may experience a correction. After a pullback, we can expect further growth in the long term.
2. If the price faces demand and breaks above the previous ATH, the first target would be the $350 price range.
The chart above illustrates the possible trends and long-term targets for Solana.
Long-Term Support Levels:
$130
$100

(The chart is logarithmic.)
Remember, this is just a technical analysis and not financial advice. Always do your research before making any investment decisions.❗❌

I hope this analysis was helpful! If you have any questions, feel free to ask.✌