Sellers continue to pressure a few days after the market rebound, according to CoinStats. Sol/U.S. Dollar The price of Solana (SOL) has decreased by 6.62% in the last 24 hours. On the hourly chart, SOL is about to break the local support at $136.64. If that happens, the drop is likely to continue to $135 soon. On the larger timeframe, the picture is also bearish. The price is approaching the important level of $ 130.65. If the bulls cannot seize the initiative soon, the accumulated energy may be enough to drop to the $110-120 zone. From a mid-term point of view, the focus should be on closing the bar at $116. card If a breakout occurs, there is a chance to see the testing of the vital $100 area. SOL will be trading at $136.65 at the time of publication. #GT 2024 Q4 Burn Completed #Which Coins are You Bullish on for March? #F1 Speed Racing, Share $50K
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Solana (SOL) Price Forecast for March 8th
Sellers continue to pressure a few days after the market rebound, according to CoinStats.
Sol/U.S. Dollar
The price of Solana (SOL) has decreased by 6.62% in the last 24 hours.
On the hourly chart, SOL is about to break the local support at $136.64. If that happens, the drop is likely to continue to $135 soon.
On the larger timeframe, the picture is also bearish. The price is approaching the important level of $ 130.65. If the bulls cannot seize the initiative soon, the accumulated energy may be enough to drop to the $110-120 zone.
From a mid-term point of view, the focus should be on closing the bar at $116.
card
If a breakout occurs, there is a chance to see the testing of the vital $100 area.
SOL will be trading at $136.65 at the time of publication.
#GT 2024 Q4 Burn Completed
#Which Coins are You Bullish on for March?
#F1 Speed Racing, Share $50K