Solana Price Prediction: Where Is SOL Headed Now?
Tech Solana Price Prediction: Where Is SOL Headed Now? Solana is trading near a key support zone after reaching the short term target area on the 4 hour chart. Now, buyers need a strong bounce above the green signal line to show that SOL has formed a local low. Solana Price Tests Target Zone as Bulls Need Green Line Break Solana reached the blue target zone on the 4 hour SOL/USD chart shared by MCO Global, putting price near a key short term support area. The chart shows SOL trading around $82.99 after moving into the target zone between about $81.76 and $79.07. This area also sits near the 50%, 61.8%, 123.6%, and 138% Fibonacci levels marked on the chart. Solana Wave 2 Target Zone. Source: MCO Global said Solana now needs a micro 5 wave move up and a break above the green signal line. That green line sits near $85.50 to $86.00. A clear move above it would give the first sign that wave (2) may have formed a low. Until that happens, the chart still shows Solana inside a corrective structure. The blue zone can act as support, but support only matters if buyers react with a strong move higher. If SOL fails to recover from this