Solana

Resistance

<ul>
 <li>According to <a href="https://www.coingabbar.com/en/price-analysis" title="Coingabbar Price Analysis" class="f-link">Coingabbar Price Analysis</a>, Solana price initiated a downward correction from the $125 zone against the US Dollar.</li>
 <li>Following its 2023 high at $127, Solana price experienced a retreat, forming a short-term falling wedge pattern with a series of lower lows and lower highs.</li>
 <li>Solana is displaying a Rounding Bottom Pattern, potentially contributing to its upward momentum.</li>
 <li>The current trading status shows Solana price is above $100 against the US Dollar, similar to Bitcoin.</li>
 <li>To initiate another increase, the Sol/USD pair needs to maintain support levels at $104 and $100.</li>
 <li>SOL is currently consolidating gains and might embark on a fresh increase if it surpasses the $117 mark.</li>
 <li>A crucial factor for a potential sustained rally is a clear breach above the $118 resistance level.</li>
</ul>
KEY LEVELS :
RESISTANCE LEVEL : $110-$115
SUPPORT LEVEL : $105-$100
Disclaimer: Crypto is not regulated and can offer considerable risks. There may be no regulatory remedies available in the event of any losses resulting from price analysis. As a result, before engaging in any transactions involving crypto products, each investor must perform in-depth examination or seek independent advice.

SOLANA Battle Against Resistance Sparks Fear of Sell-Off

Coingabbar

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