Market Analysis of SOLUSDT on Wednesday 13 NOVEMBER 2024

2024-11-13 20:08Fonte:BtcDana

SOLUSDT TECHNICAL ANALYSIS SHORT TERM VIEW    


 SOLUSDT running in positive trend and its immediate strong support are 184 to 196 level .  Stop loss is 180 level and it can rise above 225 level because expectation for irregular correction at that level   .Intraday purpose buying is better for targets 210, 213 and 216 levels respectively with stop loss 180 level.


QUICK FUNDAMENTAL LOOK                                                                    


Solana’s price has recently witnessed a significant uptick, surpassing the $200 mark and peaking at a three-year high of $225.21. This Solana price surge has been fueled by the broader cryptocurrency market’s positive momentum and the uptick in demand for the Layer 1(L1) blockchain network.


POC = Risk is a part of trading, use caution when placing orders and take market advice only into account .

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