Shift

Solana

Momentum

<div class="code-block-grte code-block-grte-16" style="margin: 8px auto; text-align: center; display: block; clear: both;"> 
 <table style="width: 100%; border-collapse:"> 
  <tbody> 
   <tr> 
    <td style="width: 100%; text-align: left;"><a href="https://en.coinotag.com/altcoin-exchange-1333421/" target="_blank" rel="noopener"><strong><span style="color: #000000;">Before you reading,<br><span style="color: #e67e22;">Don't miss coins like PEPE again! Click here to find new PEPEs!</span></span></strong></a></td> 
   </tr> 
  </tbody> 
 </table>
</div> 
<ul> 
 <li>Solana faces a critical test after a 10% drop in the past week, with sellers eyeing the $164 support zone.</li> 
 <li>Failure to hold this level could lead to further declines targeting the $130 price area.</li> 
 <li>Bearish technical indicators like the MACD cross add to the mounting selling pressure.</li> 
</ul> 
<p><strong>Solana’s recent rally has stalled. Get a breakdown of crucial price levels, technical signals, and what this could mean for SOL in the short term.</strong></p>
<div class="code-block-grte code-block-grte-14" style="margin: 8px auto; text-align: center; display: block; clear: both;"> 
 <table style="width: 100%; border-collapse:"> 
  <tbody> 
   <tr> 
    <td style="width: 100%; text-align: left;"><a href="https://en.coinotag.com/altcoin-exchange-1333421/" target="_blank" rel="noopener"><strong><span style="color: #000000;"> AR' YA WINNING SON?<br><span style="color: #e67e22;">Don't miss Solana Tokens and BRC-20 Tokens! Click here to find new AI coins!</span></span></strong></a></td> 
   </tr> 
  </tbody> 
 </table>
</div> 
<h2 id="strong-sellers-target-164-solana-support-after-failed-breakout-strong"><strong>Sellers Target $164 Solana Support After Failed Breakout</strong></h2> 
<p><a href="https://i0.wp.com/en.coinotag.com/wp-content/uploads/2023/12/Solana-SOL-3.webp?quality=70&amp;ssl=1"><img decoding="async" class="alignnone size-full wp-image-132976" src="https://i0.wp.com/en.coinotag.com/wp-content/uploads/2023/12/Solana-SOL-3.webp?resize=696%2C392&amp;quality=70&amp;ssl=1" alt="Solana-SOL" width="696" height="392" srcset="https://i0.wp.com/en.coinotag.com/wp-content/uploads/2023/12/Solana-SOL-3.webp?w=1920&amp;quality=70&amp;ssl=1 1920w, https://i0.wp.com/en.coinotag.com/wp-content/uploads/2023/12/Solana-SOL-3.webp?resize=300%2C169&amp;quality=70&amp;ssl=1 300w, https://i0.wp.com/en.coinotag.com/wp-content/uploads/2023/12/Solana-SOL-3.webp?resize=1024%2C576&amp;quality=70&amp;ssl=1 1024w, https://i0.wp.com/en.coinotag.com/wp-content/uploads/2023/12/Solana-SOL-3.webp?resize=768%2C432&amp;quality=70&amp;ssl=1 768w, https://i0.wp.com/en.coinotag.com/wp-content/uploads/2023/12/Solana-SOL-3.webp?resize=1536%2C864&amp;quality=70&amp;ssl=1 1536w, https://i0.wp.com/en.coinotag.com/wp-content/uploads/2023/12/Solana-SOL-3.webp?resize=150%2C84&amp;quality=70&amp;ssl=1 150w, https://i0.wp.com/en.coinotag.com/wp-content/uploads/2023/12/Solana-SOL-3.webp?resize=696%2C392&amp;quality=70&amp;ssl=1 696w, https://i0.wp.com/en.coinotag.com/wp-content/uploads/2023/12/Solana-SOL-3.webp?resize=1068%2C601&amp;quality=70&amp;ssl=1 1068w, https://i0.wp.com/en.coinotag.com/wp-content/uploads/2023/12/Solana-SOL-3.webp?w=1392&amp;quality=70&amp;ssl=1 1392w" sizes="(max-width: 696px) 100vw, 696px" data-recalc-dims="1"></a></p> 
<p>Solana (SOL) bulls couldn’t sustain momentum above the key $206 resistance, paving the way for a wave of selling. If the critical $164 support fails, bears could gain further control and trigger a steeper decline.</p> 
<h3 id="strong-macd-bearish-cross-signals-momentum-shift-strong"><strong>MACD Bearish Cross Signals Momentum Shift</strong></h3> 
<p>Adding to the bearish outlook, the 3-day MACD has formed a bearish cross, suggesting a shift towards downward momentum. This technical indicator could embolden sellers in the near term.</p>
<div class="code-block-grte code-block-grte-15" style="margin: 8px auto; text-align: center; display: block; clear: both;"> 
 <table style="width: 100%; border-collapse:"> 
  <tbody> 
   <tr> 
    <td style="width: 100%; text-align: left;"><a href="https://en.coinotag.com/altcoin-exchange-1333421/" target="_blank" rel="noopener"><strong><span style="color: #000000;">TRUSTED BY COINOTAG,<br><span style="color: #e67e22;">Did you missed $MEME, $PEPE or Bitcoin? No worries! Click here to sign up chosen altcoin exchange!</span></span></strong></a></td> 
   </tr> 
  </tbody> 
 </table>
</div> 
<h3 id="strong-conclusion-strong"><strong>Conclusion</strong></h3> 
<p>Solana’s price is in a precarious position. A decisive break below $164 could signal a more significant bearish trend with a potential downside target of $130. Traders and investors should closely monitor these critical levels to gauge SOL’s near-term trajectory.</p>

Solana (SOL) Price Crumbles: Will $164 Support Hold? Key Levels to Watch

Mục lục

COINOTAG NEWS

Các bài viết khác được xuất bản trên 10 thg 4, 2024

Bitcoin Bulls Beware: Deutsche Bank Survey Sparks Fears Of Plunge Below $20,000

Solana Exec Reveals Actual Reason Behind Recent Congestion

RECQ gains momentum as ADA and XRP investors look for growth

Hong Kong’s Bold Step with Bitcoin ETFs, How BTC Responds?

Can WIF Rebound from Recent Price Drop and Hit New All-Time High This Pre-Halving Season?

Truflation Price Prediction: Coinbase And Chainlink-Backed TRUF Skyrockets 642% As Traders Rush T...

Tham gia bản tin miễn phí của chúng tôi để cập nhật tin tức về tiền điện tử hàng ngày!