I just checked the Solana chart and something interesting is happening right now. The price is hovering around $85, showing sideways movement after recently touching $88 . The curious thing is that SOL is trapped in a very tight descending wedge, according to analyst Whale Factor, which means something big could be about to happen.



Looking at the numbers, the past few days have been mixed. Although SOL rose 7% recently, it is now slightly declining. But what catches my attention is that the Awesome Oscillator is changing color, shifting from red to green, which suggests that selling pressure is weakening. This could be a sign that buyers are gaining ground.

Regarding Solana's price prediction for the next 24 hours, everything depends on whether it manages to break above $82. If it does and holds, we could see a move toward $97-$100. If it fails, it could drop down to $68. The key support zone is at $78, so that’s what we need to watch. The overall trend remains bearish for now, but this compression pattern could be the breakout point that changes everything.
SOL-1.01%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin