After printing substantial bullish candlelights for the 2nd successive day, the Solana cost has handled to breach above $150. With this move, the token has wentinto a important resistance zone, which is needed to be held tight for a continued increase towards greater targets. Meanwhile, the technicals recommend there might be still some space for debtconsolidation as the SOL cost is yet to verify a increase from the bearish impact.
The SOL cost showed a extremely fast relocation in the past 24 hours, which hasactually made the market individuals more alert. This response was provoked by the Fed’s rate decrease, which is anticipated to continue for some time. The purchasers held the rate above the critical assistance, forming a clear limit for the market as well as a bottom. However, the SOL rate broke out and upgraded the regional high after combining within a secret resistance zone.
Therefore, Solana’s cost is thought to reach $200, however here are the secret levels that might impede the development of the rally.
The chart of Solana sugg