3 min readSOLANA (SOL/USD):
Following the U.S. election results, the Cryptocurrency markets experienced significant activity, particularly in the Altcoin sector. Notably, Solana saw an impressive surge, gaining over 12% by the day’s close in the post-election trading.
Looking more closely at the technicals, I’m interested to see how the price responds to the current internal resistance area. If we experience short-term pullbacks, I’ll be watching for opportunities within the discount range, specifically below the 50% mark on the Fibonacci tool.
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The financial products offered by the Company are complex and come with a high risk of losing money rapidly due to leverage. These products may not be suitable for all investors. Before engaging, you should consider whether you understand how these leveraged products work and whether you can afford the high risk of losing your money.
The Company does not accept clients from the Restricted Jurisdictions as indicated in our website/ T&C. Some services or products may not be available in your jurisdiction.
The applicable legal entity and its respective products and services depend on the client’s country of residence and the entity with which the client has established a contractual relationship during registration.
