Solana Intraday Technicals
Below $14.7, the price action will remain choppy and prone to move towards $11.6.
Above $19.5 is more bullish territory for SOLUSD, but the price action will still be choppy.
Since we are in the weekend and there is a thin liquidity, I do not expect much.
However, I will monitor the following scenarios.
Scenario 1. A re-test with a strong rejection of $14.7 will put more bearish pressure towards $11.6 and eventually $3.3-$6.8.
Scenario 2. A strong closure above $14.7 will push Solana higher towards $19.5.
Above $19.5 is more bullish territory for SOLUSD, but the price action will still be choppy.
Since we are in the weekend and there is a thin liquidity, I do not expect much.
However, I will monitor the following scenarios.
Scenario 1. A re-test with a strong rejection of $14.7 will put more bearish pressure towards $11.6 and eventually $3.3-$6.8.
Scenario 2. A strong closure above $14.7 will push Solana higher towards $19.5.
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.