Currently, Solana (SOL) is trading at 0.0020324 BTC, showing a slight dip of about 0.09% from the previous close.
The intraday high hit 0.0022316 BTC, with a low of 0.0021739 BTC.
After a prolonged downtrend since mid-2021, SOL/BTC has pulled back to a major support level at 0.0018772 BTC.
With Bitcoin experiencing a downturn and potential sideways movement, this could be an opportune moment to consider a long position on SOL.
A breakout above the downtrend line around 0.0026467 BTC could signal a rapid move toward the previous all-time high near 0.0039607 BTC.
As always, this isn't financial advice; just one ape's opinion.
The intraday high hit 0.0022316 BTC, with a low of 0.0021739 BTC.
After a prolonged downtrend since mid-2021, SOL/BTC has pulled back to a major support level at 0.0018772 BTC.
With Bitcoin experiencing a downturn and potential sideways movement, this could be an opportune moment to consider a long position on SOL.
A breakout above the downtrend line around 0.0026467 BTC could signal a rapid move toward the previous all-time high near 0.0039607 BTC.
As always, this isn't financial advice; just one ape's opinion.
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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.