My $SOL analysis: [1 month chart]:
Three color lines: Green, yellow & Red.
EXPLANATION:
Yellow lines( Determinants)
Lines are 149 on the upper and 93 on the low.Might just call them break off points. A move above or below decides whether market is bullish or bearish.
Green line:
A move above 149 means we headed to 208.000 or rather 200.000 to be safe. [If we attain this ATH 295.600.▪︎some say 300.000 but 295.600 is a given]
Red line:
A drop below 97 or rather 93 region might make us see the 65 to 60 region.▪︎ might go lower depending on what we'll see when we get there▪︎
♤All the best but I'd rather we accumulate and stake than trade♤
#solana #sol板块 #SolanaStrong #sol

SOLUSDT
Perp
78.44
-2.25%