Danger bells continue to ring for Solana (SOL), which has gathered strength by finding buyers from an important support level.
The risky process is not over yet in SOL, which has regained strength from the $21.57 support. The dangers of falling are at the door for the popular coin, which finds strength from an important point and stands up. Failure to maintain the $21.57 band could lead to a decline of close to 10 percent for SOL. Let’s examine the chart analysis of SOL, which is likely to ease up to $19.86.
Solana (LEFT) Chart Analysis
SOL, which is above $22 as of the writing of the news, may lose its value close to 9.65 percent in a short time. SOL, which is currently in contact with $21.57 and gaining strength from here, may find itself at $19.86 if it breaks the support. In fact, it is striking that this support level is the beginning of great rises. SOL, which recently tested this support, had risen by 30.72 percent in a few days.
Fud news from the crypto market or the Solana ecosystem could lower SOL to $20.17 – 19.86 – $19.20 and $18.87, respectively. BTC’s upward momentum or stable movement could push SOL up to $22.94 – $23.90 and $26, respectively.
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