SOL was a little quieter this week. We made it to above the resistance at $170, but couldn't quite manage to hold it. Price fell back to previous support at $150 as a result. I expect to see a little more chop between $150 and $170 before we get another leg up. I'll be watching that $170 level carefully. Normally, I would look to buy on a pullback here, but I would caution that traders tread carefully at $170 as the support after a break above has been weak in recent history. In any case though, I'm still quite bullish on SOL and believe that the current price is reasonable given the potential. I've been participating in several projects in the Solana ecosystem and I believe that the project is very likely to pull farther ahead of the rest.
Not financial advice, of course. Take care!
Not financial advice, of course. Take care!
