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Hoda 💎🎩📸🎭
@hodasa66
Solana price technical analysis 🔹️On the daily chart, Solana price has pulled back to $172 after peaking at $185 earlier in the week. It is currently hovering near the 38.2% Fibonacci retracement level. Meanwhile, the 50-day and 100-day moving averages are on the verge of forming a mini golden cross, often a bullish signal. 🔸️Solana has also formed an inverse head and shoulders pattern and is trading between the strong pivot reverse level and the upper boundary of the Murrey Math Lines trading range. ▫️Given these technical indicators, SOL is likely to resume its uptrend, with bulls eyeing a retest of the $200 resistance level. A breakout above that level could open the path to the 78.6% Fibonacci retracement at $252. However, a drop below key support at $150 would invalidate the bullish outlook.
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Faraz
@farazelahian
Daghighan manam movafegham
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Hoda 💎🎩📸🎭
@hodasa66
Asan khondish
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