1-Day Analysis:
Big Picture: Solana has been on a run recently. It’s aiming to retake the crucial level of 37.80. If the price reclaims this level, it will once again open the range of 37.80-59.00 on a broader view, while first heading towards the Mid-Level. Failure to regain, on the other hand, would only induce intra-day profit-taking in anticipation of a re-test of immediate supports.
![](https://bkcryptocrusher.com/wp-content/uploads/2022/09/SOL-1D-12th-Sept-1024x489.png)
On the Upside Solana is making another effort to breach over 37.80. Reclaiming and maintaining this level would open the door to more gains to the upside. Initially around 39.20-40.40, next 41.10-42.30.
The Downside 37.40 to establish itself as the session’s initial support. The next level of support is 36.30, followed by 35.40. Solana has now built a few supports down below. However unlikely for the session but losing 35.40 would open 34.00-33.70 yet again.