Solana could drop to test 40 support

2023년 12월 5일

After the break above consolidation's resistance back in mid-October, Solana has risen very nicely and had a high at 68.
After the initial correction, a new leg-up followed, however, this new rise failed to pass above the previous high and SolUsdt fell again.
At this moment the coin is trading at 60 and a drop under 55 will confirm that a deeper correction could follow.
The target for this correction is 40 strong support zone