Solana - IMPORTANT Support Zone will be TESTED

20 Mar 2024

Hi Traders, Investors and Speculators of Charts

Solana is frequently trending due to steep fees of ETH. Even after a large increase, there is still great upside potential for the future. However, for the short term, a retets of a prominent support zone is likely after a near parabolic increase on SOL.

SOLUSDT is one of the altcoins I was watching for 2024 Altseason, as per previous posts in early January. ✅

👉 Technical Indicator SHORT TERM is overbought indicating a correction is overdue
👉 Support zone at $153 is critical to hold
👉 Daily candles need to keep closing ABOVE this zone to avoid a potential H&S pattern.

Overbought indicates a correction is overdue:



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SOLUSDT

21 Mar 2024

Not

SOL : H&S pattern forming in the 4h: