Solana's bullish trend: Analysts warn of possible bull trap

2024-8-8 01:00

Solana's bullish surge faces resistance, with potential for new highs but risks of a pullback. SOL's technical indicators show cautious optimism, but overcoming resistance at $160 is crucial.

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Solana (SOL) Must Close Above This Key Level for $200 Spike; Injective (INJ) Rally Faces Tough Resistance

In the latest analysis from Rekt Capital, the crypto analyst observes that Solana has been consolidating within a macro triangular market structure for several months. Currently, SOL has revisited a blue diagonal trendline, which marks the upper boundary of this pattern and coincides with a significant resistance area indicated by a red box.

2024-10-26 21:15


TA: Solana Struggles To Break Key Resistance After $5M Hack

Solana (SOL) struggles to break key resistance after it suffers a huge loss on a hot wallet hack, losing over $5M creating so much panic in the heart of many faithful.   The price of SOL looked strong in the early part of the week, trading above $40, trying to break the resistance before having an attack on some wallets drained more than $8 million from Solana users.

2022-8-4 17:00