Solana (SOL), which spent active hours after the downtrend break, broke an important resistance and recorded an increase.
SOL, which has been trading in a decreasing trend since the end of July, performed two tests after the technical structure was broken. The hold of $22.28 for buyers pushed the price higher. Another important factor in this process was the climb of BTC to $ 30,250 at night. The major coin, which also gained strength from BTC, reached $ 24.57 in a short time.
Solana (SOL) technical analysis
SOL, which performed two tests in the same region after the downtrend break, gained momentum with the effect of BTC. Continuing to rise by breaking the $24 resistance, the major coin is trading at $24.57 as of the writing of the news. With the expectations of an increase on the LEFT side, the levels that can be targeted may be 25.59 – 27.15 – 29.13 and 32.14 dollars, respectively.
Any negative news from the Solana ecosystem or BTC’s failure to clearly exceed $30,000 could destabilize the SOL price. In such a scenario, the support points to be followed will be 24.01 – 22.28 – 20.49 – 19.33 – 16.16 and finally 14.95 dollars, respectively.
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