LOWER TIME FRAME ANALYSIS
VERY IMPORTANT
Solana's (SOL) lower time frame movement. Let's break it down:
*Key Points*
- *Uptrend*: SOL is moving upward on the 1-hour and 2-hour timeframes.
- *Trendline Support*: A trendline has formed, acting as good support.
- *Accumulation Areas*: $128 and $116 are identified as good areas for accumulating spot holdings.
*Trendline Details*
- *Main Trendline*: At $114.
- *Short-term Trendline*: At $128.
*Investment Strategy*
- *Spot Holdings*: Accumulating in strong fundamental coins like SOL can be beneficial for your portfolio.
- *Retest Potential*: The price might retest the trendlines, providing potential buying opportunities.
