SOL important Update
BIG TIME FRAME
Solana's (SOL) current market situation. Let's break it down:
*Key Points*
- *Support Zone*: SOL found support around the $95 zone.
- *Strong Movement*: SOL is showing a strong movement and good recovery, with a 50% pump from its downside.
- *Breakout and Retest*: SOL broke out of its channel and retested the channel support, now moving upwards.
*Key Resistance Levels*
- *Near-term Resistance*: $160 and $166.
- *Main Resistance Levels*: $166, $180, and $195.
*Investment Strategy*
- *Hold Recommendation*: You mentioned previously recommending holding SOL, with buys at $116 and $100.
- *Potential Upside*: SOL's strong movement and breakout suggest potential for further upside.
