Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (13.36).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. SOLUSD is in an uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic...
Fib extension TP points at both $25 and $40, likely will go much higher in longer term.
Strong fundamentals, ecosystem growing and part of the SBF holy trinity (never bet against Sam).
No S-L for me, will just add more lower.
Fundamentals:
The Solana protocol is designed to facilitate decentralized app (DApp) creation. It aims to improve scalability by introducing a proof-of-history (PoH) consensus combined with the underlying proof-of-stake (PoS) consensus of the blockchain.
Because of the innovative hybrid consensus model, Solana enjoys interest from small-time traders and...
