What is the current situation for Solana (SOL), which has fallen below $13 for the first time since the beginning of 2023?
Unable to maintain the support of $14.92 after a long time, SOL pinned down to $12.76 with a momentary decline. However, the popular coin, which performed better than other altcoins, approached $ 15 in a short time. How is the chart progressing in Solana, which still has a large investor base? How about technical analysis for SOL?
Solana (SOL) Graphic Evaluation
SOL, which was relatively less affected by the pullbacks in altcoins, quickly recovered and rose to the $ 15 level. SOL, which is currently trying to decide for its next direction at $14.95, can start moving towards $17.51 - 18.24 – 19.34 – 20.38 and 22.42 dollars, respectively, as long as it can hold on this value.
The continuation of the sell-side transactions in the market or the negative news that may come from the Solana ecosystem may pull the SOL price down again. Support levels to follow for SOL in this scenario are $12.76 and $10.99.
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