coin-img-ETHETH+2.98%coin-img-BTCBTC+2.20%coin-img-UCNUCN+0.17%coin-img-SOLSOL+2.04%coin-img-XRPXRP+1.90%coin-img-USDCUSDC+0.01%coin-img-HYPEHYPE-2.03%coin-img-TONCOINTONCOIN+3.19%coin-img-ETHETH+2.98%coin-img-BTCBTC+2.20%coin-img-UCNUCN+0.17%coin-img-SOLSOL+2.04%coin-img-XRPXRP+1.90%coin-img-USDCUSDC+0.01%coin-img-HYPEHYPE-2.03%coin-img-TONCOINTONCOIN+3.19%coin-img-ETHETH+2.98%coin-img-BTCBTC+2.20%coin-img-UCNUCN+0.17%coin-img-SOLSOL+2.04%coin-img-XRPXRP+1.90%coin-img-USDCUSDC+0.01%coin-img-HYPEHYPE-2.03%coin-img-TONCOINTONCOIN+3.19%coin-img-ETHETH+2.98%coin-img-BTCBTC+2.20%coin-img-UCNUCN+0.17%coin-img-SOLSOL+2.04%coin-img-XRPXRP+1.90%coin-img-USDCUSDC+0.01%coin-img-HYPEHYPE-2.03%coin-img-TONCOINTONCOIN+3.19%
user-avatar
Alexander Zdravkov

Solana Tests Multi-Year Ascending Trendline at $132

Solana has retreated to a critical ascending trendline that has supported its uptrend since 2023. The asset is currently trading near $132 in a narrow consolidation zone with reduced volatility. Analyst Ali Martinez noted that SOL is testing this support level, which has historically triggered rebounds during previous pullbacks.
SOL
SOL+2.10%
Disclaimer: The content above is only the author's opinion and does not represent BingX’s stance. It shall not be construed as investment advice from BingX. For details, refer to the Terms and Conditions.
SolanaTechnical Analysis