Solana is at a major support level. SOL/USD tapped it's EMA200 at $175 yesterday. Also, it's currently trading near it's S3 level on the TTCATR indicator set to EMA20 with ATR3. Plus, it's RSI is at 31 oversold. And lastly the $180 zone has acted as a resistance area in March, May and July, so now it has flipped that to a support area.
Trade idea:
Long = 180
Stop = 170
Profit = 260
đšđš
đKeep an eye on the charts and your portfolio, and remember: DYOR -Crypto is always changing, so stay informed before jumping in! đđž
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I hope this analysis has been helpful to you. If you have any questions, please feel free to leave a comment. I'm always happy to help.
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