Note that the project was previously known as Bonfida but renamed to Solana Name Service.
Price action has been building some structure on an important support level since July.
Weekly RSI has stabilized at 40 and is moving sideways.
Falling wedge breakout against Bitcoin:
Max target is at $10 which gives up to 4500% potential.
Also, since it's a Solana ecosystem project, it gives indirect exposure to Solana which is a great thing considering all the hype around it.
Like the idea? Boost it!
Have an opinion? Leave a comment!
Price action has been building some structure on an important support level since July.
Weekly RSI has stabilized at 40 and is moving sideways.
Falling wedge breakout against Bitcoin:
Max target is at $10 which gives up to 4500% potential.
Also, since it's a Solana ecosystem project, it gives indirect exposure to Solana which is a great thing considering all the hype around it.
Like the idea? Boost it!
Have an opinion? Leave a comment!
Trade active
Note
Targets:* $0.57 - $0.65 zone (short-term)
* $1.4 - $1.55 zone (mid-term)
* $3.4 (April-May 2025)
* $10 (November 2025)
Also notice the the current support level at around $0.2 is at 0.786 retracement from the recent highs which additionally confirms its importance. Don't wait for lower prices.
Note
Huge pump, one of the top performing coins today 🚀
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.