As the crazy rise in memecoins continues, the Solana ($SOL ) price has set its sights on 200.
The breathless rise of the memecoin market has benefited Solana (#SOL ). SOL, which has been moving towards $ 130, has fallen behind $ 155. The popular altcoin, which is struggling with a critical resistance level, is targeting $ 200. However, it seems that SOL will not be that easy during its 200 years. So what factors do Solana investors pay attention to?
Time is running out in Solana (SOL) As the news writes, SOL, which is traded at $ 155.65, may explode upwards if the memecoin frenzy continues, BTC dominance runs out, or BTC exceeds $ 68,000. In such a scenario, the resistance levels of $ 168.58 - $ 186.57 - $ 198.63 and $ 217.78 can be targeted, respectively. In addition to these, it is useful to pay attention to the $ 200 band. Because at this level, a psychological selling pressure can be exerted.
Elements such as the development of Memecoin's craze, problems that may occur in Solana or the downward movement of BTC will permanently push the SOL price to lower levels. In such a scenario, declines are falling from 148.63 - 130.30 and 117.01, respectively. In case of a downward break of $ 117, the support level to be followed will be $100.
#solusdt #memecoins #binance