The Solana Index is up 11/5 just days after the Golden Cross was confirmed on the chart. Starting from this day, Solana will have 12 out of 15 green days.
In the process, the bulls were able to overcome the resistance at new209 and new215 levels, which started a new upward movement. There is a little resistance aroundわ248, but it is expected to be overcome. If this is overcome, #Solana will be able to retest the highs at the previous high of ATH 260 and continue towards Brandt’s target of $BTC this upside move takes the #SOL price into uncharted territory, making it difficult to predict new highs based solely on technical analysis.
If the price falls below 198, this bullish outlook will not be disproved in the short term. Such a move means that the market will reject the breakout and the SOL will target the 50-day moving average at 1,173.
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