Solana’s native token, Sol
According to the technical analysis model of Coindesk Research, after a decline of 1.41% in the last 24 hours, after recovering from the price of $ 142.91 to $ 135.96, trading at $ 140.46. Since then the property has stabilized between $ 140 and $ 142, with the support $ 140.40.
Solan’s ecosystem continues to grow, with recent announcements, support for the Bitcoin (WBTC) wrapped on the network. Analysts are divided on the outlook, with some to a potential step towards $ 200, while others expect a retracement for the $ 123-$ 135 range.
Technical analysis highlights
- Sol set down by $ 142.91 to 4.9% from $ 142.91 to 4.9%, establishing a 7.08-point trading range.
- The property was recovered to create a consolidated pattern between $ 140 and $ 142.
- High-volume support during 140.40 and 14:37 appeared in $ 140.40 during 13:00 hours, Soul rose from $ 140.48 to $ 141.40.
- Selling pressure pushed the price down by $ 140.32, then for a session of $ 140.29.
- A descending channel formed with a low high and lower banquet on $ 142.65 capted price action twice.
- 15:10 The amount of sales centered during the candle, suggests a sense of near-term recession
Disclaimer: Some parts of this article were generated with assistance from the AI tool and reviewed by our editorial team to ensure accuracy and adherence. Our standard. See for more information Coindesk’s full AI policy.
