During 2023, the SOLUSD price approached ATH in percentage terms, closer than the price of BTC.
Where is the current high? - Perhaps it is already there, or perhaps there will be another attempt to make another breakout to the $148-158 range - there is a strong liquid zone there.
It is worth remembering that the "large FTX stocks" are in SOL and still have to be sold off to pay off creditors. Therefore, just in case, you can and should set up buckets to buy SOLUSDT at $70-80 and $45-50.
And from there, only x15-x20 growth during the next possible bull cycle will bring the coveted $1000-1100 for SOL
_____________________ Did you like our analysis? Leave a comment, like, and follow to get more
Trade active
The SOLUSDT price is near the first buy zone, but the SOL price can always go even lower
Note
So is it true that SOLANA was corrected to $80 and is now going to $1000?
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.