Solana

Key: 3 day close below or above $170 line

823
snapshot

SOL's indicators are showing strength here at the key $170 line. However, I believe with a 3 day candle close below this key line, we will see a continuation down to the support line that started Jan 22 24 and was confirmed Aug 4th 2024.

snapshot

Somewhere around $150-$155. It's bounced nicely off this line two times.


snapshot

A break of this line indicates to me a further retracement to $120. This still leaves us in a bullish formation as it would be a higher low than August 2024.

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