3 min readSOLANA (SOL/USD):
As noted in previous articles, I was eager to see how Solana would respond to this former resistance area, which aligned with its previous all-time highs (ATHs) around $260.00.
A closer look at the technicals reveals a clear rejection of the previous resistance area, with price now appearing to seek support around $210.00, a level that aligns with earlier internal resistance zones. This also corresponds with the rebalancing level 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.
