Solana Price To Drop To Double Digits? Major Levels To Watch For Entries

Quick Summary:

The analyst revealed major levels to watch for entries as market participants brace up for this massive crash.  Major Levels To Watch As Solana Price Risks Drop To Double Digits In a TradingView post, SiDec highlighted the range between $136 and $143 as the major resistance zone for the Solana price.

The analyst added that this zone presents a solid long opportunity for gradual scaling into positions as price moves deeper into support.  Market Outlook For SOL SiDec remarked that there is a short bias until the Solana price reclaims $143.80, with this level a strong resistance zone for potential short trades.

Meanwhile, he stated that between $102 and $98 is the next major support zone, indicating that SOL risks dropping to double digits soon if it fails to hold this support zone.  Related Reading: Solana Forms Ascending Triangle For Possible Breakout, Analyst Sets $565 Target The analyst noted that the Solana price has been in a slow uptrend over the past five days, after hitting the low at $112.

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Author / Journalist: Scott Matherson

Category: Crypto

Markets: United Kingdom

Topics: Solana Price ABC Corrective Pattern Solana news SOLUSD SOL news Sol SiDec Exponential Moving Average Solana SOLUSDT SOL Price CoinMarketCap EMA

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Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-17 @ 15:00:37 (1 days ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 502 words

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