Solana Market Update: Key Insights and Trading Strategy for January 3rd
Hello, traders! It's Li Chen back again. It's been a while since I shared Solana's (SOL) secret key with you. Do you still remember those profitable days when we were riding 5x and 8x gains? As of now, Solana has been building momentum since hitting a low of 187 on the first day of this new year. It has since reached a high of 210. The current trading range is oscillating between 205 and 210. However, I believe that the market may need to consolidate before pushing higher. Just yesterday, I successfully captured 1200 points at the peak. Let's keep the momentum going today!
Shorting Solana (SOL) Strategy: Potential for a Downward Move Currently, Solana's price is around 208-211. I see a potential short opportunity here, with two key levels to target. The first level to watch is between 203-206, while the second range is 198-201. If the price continues to fall, the critical support level is around 193. Keep these levels in mind as you make your trades today.
Stay tuned, and as always, let's continue making strategic moves in the ma
rket!
$SOL $XRP $BTC #BIOOpenonBinance #USJoblessClaimsDrop #SolvProtocolMegadrop #BIOOpenonBinance #USStateBuysBTC
