Analysis of SOL on the 16th:



Currently, SOL shows a clear downward trend on the 4-hour timeframe. The primary resistance at 145 is the dividing line between bulls and bears. If the price cannot break through and hold above 145 on a rebound, the market will continue to decline, with the next support target at 140, and a break below that could see it drop to 138. The trend is downward, and a rebound that fails to break the key resistance indicates a selling opportunity.
BTC-0.89%
ETH-0.05%
SOL-1.55%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)