Solana / TetherUpdated Calm before the storm!
Solana, after forming a false breakout, is currently trading in a ranging pattern. This indicates a period of consolidation and indecision in the market.
Given this situation, it seems that Solana is experiencing the calm before the storm. This consolidation phase might serve as a preparatory stage for a strong upward or downward movement.
Given this situation, it seems that Solana is experiencing the calm before the storm. This consolidation phase might serve as a preparatory stage for a strong upward or downward movement.
Note
Note
Currently, the cryptocurrency Solana (SOL) is testing the bottom of a triangle formation on its price chart. This triangle bottom acts as a key support level and plays a significant role in determining the next direction of the price movement.Trade active
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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.