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Solana’s “Golden Pocket” Danger: Analysis Firm Says “Should Not Drop to This Level”!
Crypto analysis company MakroVision issued a new technical analysis report on Solana #CryptoMarketWatch SOL(.
The company stated that Solana is generally maintaining its trend of forming “higher lows,” but the recent rebound has been weak and limited to short-term counter-movements.
According to MakroVision, the red trend lines currently represent a clear resistance zone. The analysis indicated that it is difficult to generate strong upward momentum in the short term without a decisive breakout above this level. If Solana cannot hold the )0.5 Fibonacci retracement( support in the $173–$180 range, there is a risk of the price pulling back to the “Golden Pocket” zone around $155–$148.
On the other hand, MakroVision noted that a close above $204 could signal Solana’s recovery and open the way for an upward move toward the $223–$246 range. Surpassing this level would likely be a trend reversal signal.
In the conclusion, the analysis firm stated:
“Solana is signaling strength by forming higher lows in the short term, but the upward momentum remains limited. A move above $204 could generate new momentum; otherwise, in a possible correction, the Golden Pocket region may come back into focus.”
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