On a 4-Hour timeframe, Solana tried to manage to hold the major support but failed because, as you know, Bitcoin dumps hard again. The major level becomes resistance, and currently, the price is in a short-term pullback phase, and it seems to be retesting the resistance.
Yorum
SOL retested the resistance as expected and went down from there. We see more downside move towards next good support of $66 - $68 area. Wait for new entries near the support level. The first level to break is the $78 - $82 area.
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