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Solana SOL: Stuck in the Middle of the Daily Range
SOLUSDT Perpetual Contract
Solana SOL: Stuck in the Middle of the Daily Range
By Trade-Lean
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Updated
May 17, 2024
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May 14, 2024
SOL remains undecided around $146.32, assessing bullish strength.
Breaking above $165.05 could target $205.27, but slipping below $130.93 might revert SOL to $112.58.
May 17, 2024
Note
SOL has been demonstrating the bullish strength in the last three days and today is trying to break-out into the bullish zone above $165.
Ascending beyond $165 could target lofty levels at $183 and $205.27.
$130.93 will act as the key support and a bearish break-out will lead to more decline towards $112.58, signalling bear's control.
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