Solana Price Analysis & Prediction (Nov 8): Bullish Momentum Targets Key Levels
Solana’s price recently surged 15%, breaking out from last week’s dip below $160. After rebounding off $155 support, SOL hit a high of $188.3, briefly cooled to $185.4, and is now targeting July’s high.
Current Market Insights:
Spot Price: $185.4
Trend: Bullish
Volatility: High
Key Levels to Watch:
Trend: Bullish
Volatility: High
Key Levels to Watch:
Resistance Levels: $190, $194, $210, and potentially $300 if bullish momentum persists.
Support Levels: $169, $155.1, and $141 for deeper pullbacks.
Technical Overview: SOL’s mid-term outlook remains bullish as it maintains a pattern of higher highs and higher lows. If SOL overcomes resistance at $190, a push toward $194 and $210 could follow. A failure at $190 may slow momentum, but recent positive sentiment signals further upside potential.
Support Levels: $169, $155.1, and $141 for deeper pullbacks.
Technical Overview: SOL’s mid-term outlook remains bullish as it maintains a pattern of higher highs and higher lows. If SOL overcomes resistance at $190, a push toward $194 and $210 could follow. A failure at $190 may slow momentum, but recent positive sentiment signals further upside potential.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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