SOL Technical Analysis
Transitioning to the daily timeframe, SOL has recently breached its $24 support level and is now on a trajectory towards its subsequent support base at $20. Notably, $20 has historically functioned as a significant support level for SOL, making it probable that the asset will gravitate towards this mark prior to determining its overarching trend trajectory. Beyond the $20 level, the subsequent substantial support resides at $17, coinciding with the lower trendline of the parallel structure. Conversely, resistance levels on the daily scale for SOL manifest at $24, $27, and $33.
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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.