Solana: Up or Down?
Solana is approaching an important level in the $160 per coin area. If you look at the chart, you can see that the price approached this level and rolled back several times, but each subsequent fall was smaller, forming a triangle with a squeeze to the upper zone.
Possible scenarios:
-Breakthrough of the $160 level: If it manages to break through this level and consolidate above, a small trade in the $160-$190 range is expected.
- Unsuccessful breakout: In case of failure, a fall down to the $120 area is likely.
Conclusion: Given the current macro indicators and the absence of negative events, I believe that Solana will be able to break through the $160 level and, possibly, overcome $190, and then - only a higher)
Share your opinion in the comments, let's discuss together!
