SOLANA (SOL) Review and Price Analysis 08.02.2024

SOL, when observed on a daily basis, tested the $79 support following a decline and is now continuing its rise. The resistance band likely to be tested next on the daily chart is between $135-$142, following the reaction from support.

Looking at a shorter timeframe, securing the first resistance zone at $107-$109.50 and maintaining above this level is crucial. In case of a potential pullback, the support zone at $89-$87 will be the first likely area to see a response.

Previous Article

Crypto Firm Bakkt Reports Financial Issues to SEC

Next Article

AVAX Review and Price Analysis 09.02.2024

Related Posts