2-Hour Analysis:
Big Picture: As recently indicated, pricing was in favor of re-testing higher levels once Solana acknowledged the intra-day support levels. It is still trading in the 22.20 to 26.50 area. Solana is expected to provide movements on both sides as long as this range stays relevant.
![](https://bkcryptocrusher.com/wp-content/uploads/2023/02/SOL-2H-8th-Feb-1024x488.png)
On the Upside When Solana gained acceptance above the 23.45 level, price quickly moved into the 24.26 level. Solana got a fine reaction off this level, resulting in intraday profit-taking. Price now faces intraday resistance at this level. If buyers can climb over this level and maintain it with strength, a move back into 24.90 is still possible.
On the Downside price has intraday supports ranging from 23.65 to 23.55. These are lower time-frame re-test levels that are expected to offer intra-day support to the price. Price will retest recent highs at 24.26 if these levels are sustained. On the other hand, if these intra-day supports are breached, price could return to the lower intra-day supports between 22.55 to 22.15.