#SOL , all the really amazing performance of#solanain this market in 2023/2024. I remember well when we had problems with FTX and everyone was saying that SOL would go to ZERO and I told you to buy as much as you can at $10, and even a little less... it's one of my favorite and oldest positions in my SPOT portfolio, since we've done more than 16x since then, something really incredible if you think that the bull market hasn't even really started yet.
That said;
Solana has performed tremendously and after 7 months of ACCUMULATION it is going to test the upper orange range around $200. The question here is not IF IT WILL PASS, it is just WHEN IT WILL PASS... due to my very large position in this coin and its very low prices, I have not increased anything in it for a long time, and people constantly ask me this question so I will express here my personal opinion, but do not take it as an ABSOLUTE TRUTH, I could possibly be wrong...
I think SOLANA will continue to rise towards the resistance in the orange band and even if it struggles to break above $188, it will definitely do so, and you don't have to be an expert to see it, however, I don't think it's a good BUY on SPOT, since we have risen by an incredible amount and are very close to its strongest resistance, and even when we break above it, we won't know exactly how much profit it can still bring us.
So I think it was a good move for everyone as we went into 2023, but if you're going to enter these prices and hope to get rich in 2025, I'm not sure it's the best move, I think there are other good altcoins that will give you a lot more profit than $SUN from that point on.
I love SOLANA and made a lot of money in this market before this current market, but I think the BEST OPPORTUNITY here has passed, but if you get in now you will make money!
