We made short and medium term analyzes for SOL, which is at the resistance level. Let’s take a closer look at these analyzes. SOL, which is momentarily traded at 14.03 dolars, is reacting at 14.74 dolars, which is determined as the resistance level.
It is worth noting that this level is the profit buying level for us. Because it is observed that the price has come here many times before and received a reaction from here. The region designated as the support level is the 11.19 dolars region. Many think this level is a suitable level for entry into trading. Because future purchases will increase the price as it did before.
If the resistance level at 14.74 dolars is broken to the upside, our next target will be 17.44 dolars. It will be highly likely that we will see a downside reaction at 14.70 dolars, which has been identified as the resistance level.
Source: https://finbold.com/solana-sol-price-prediction-for-december-31-2022/
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