Solana is following another ALTS and make +50% from the "dip". In this idea i will show you additional entry point for this altcoin.
1๏ธโฃNow we can see the large volumes at the bottom which shows us the support for the price by the buyers who accumulate Solana.
2๏ธโฃAdditionally there wasn`t deep pullback after the trendline breakout.
3๏ธโฃBitcoin is still continue accumulation above 20k level which is huge support fir the price and the crypto market overall.
๐Now the price start to consolidate below the trendline and it will be good to see growing volumes before the breakout. The growing volumes shows us the pressence of buyer and bullish sentiment.
The target is closest value area of $50-53. It`s a huge resistnce because of key level $50 also.
๐ฉWhat price of SOL do you expect till the end of the next bull market? Write in the comment!
๐ปFriends, press the "like"๐ button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.