SOL – Holds Support

Solana is sitting on the support zone of $130, the bottom of September 28. If Bitcoin stays at the price level it is now or turns positive, this will be the golden opportunity for Solana to rise.

Solana might take advantage of the support it tested yesterday and rise to $161, fib 0.236 as a pullback. Even if the pullback happens the bullish rally will not be enough to break the previous high of January 02 at $180, that’s strong resistance. If Solana doesn’t get the chance of pullback, it might nose-dive down to the major support level at $80, the peak of August 26.