Cryptolean Solana SOL Update
Updated
Solana dipped to below the key daily resistance zone of $144-$151 however it is back into the narrow daily range, where it has been consolidating for the last 4 days.
A daily candle closure above $151 will push Solana price towards $167 and higher.
An inability to sustain the price action above $144 will result in price declining towards $126, the key daily support.
Intraday Chart
After a quick dip earlier today, the SOLUSD intraday (4-Hour) chart is back into the bullish territory.
A bullish breakout of $152.6 resistance and a sustained price action above it in the 4-Hour chart will push #Solana price towards $164-$173.
An inability to sustain the price action above $143 could result in a slow bearish move to $134 and, possibly, lower to the key intraday support of $124,56 [that could be followed by a bullish rejection towards $164-$173 ]
A dip to either $143 and a strong bullish rejection of this level will push price to $164-$173.
I will be closely watching price action with this level, as a bullish rejection could offer a long opportunity.
The SOLUSD chart is holding strong and consolidating in a narrow range which is totally normal after last days bullish extension. Once Satoshi price in BNBBTC chart will find a support and reverse, the Dollar price in BNBUSD chart will extend higher.
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A daily candle closure above $151 will push Solana price towards $167 and higher.
An inability to sustain the price action above $144 will result in price declining towards $126, the key daily support.
Intraday Chart
After a quick dip earlier today, the SOLUSD intraday (4-Hour) chart is back into the bullish territory.
A bullish breakout of $152.6 resistance and a sustained price action above it in the 4-Hour chart will push #Solana price towards $164-$173.
An inability to sustain the price action above $143 could result in a slow bearish move to $134 and, possibly, lower to the key intraday support of $124,56 [that could be followed by a bullish rejection towards $164-$173 ]
A dip to either $143 and a strong bullish rejection of this level will push price to $164-$173.
I will be closely watching price action with this level, as a bullish rejection could offer a long opportunity.
The SOLUSD chart is holding strong and consolidating in a narrow range which is totally normal after last days bullish extension. Once Satoshi price in BNBBTC chart will find a support and reverse, the Dollar price in BNBUSD chart will extend higher.
Like once read!
Thank you.
Note
In the daily chart, Solana is moving bullish above $186. A daily candle closure above $186 will push Solana price towards the key Cryptolean resistance zone of $202-$209 and higher.
An inability to sustain the price action above $186 will result in price declining towards $167, the key daily support.
Intraday Chart
After confirming $164-$173 as a support, the SOLUSD 4-Hour chart is trying to re-claim the key intraday resistance of $192.
A bullish breakout of $192 resistance and a sustained price action above it in the 4-Hour chart will push #Solana price towards $213.
An inability to sustain the price action above $192 could result in a bearish move to re-test $164-$173 support.
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