Solana

How low can Solana go?

183
SOL is potentially creating a local low around $150. If buyers step in and price holds these levels, we could see a reversal, reclaiming previous support around $160.

A rejection from $160 and breaking this week's lows ($150) could signal a retest of previous levels from $130 - $140.

My personal instinct is still weary of the fact that price has been rejected twice from the 1D 200MA, potentially signaling even further weakness for SOL.

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