Solana: 2 reasons that make Seoul stronger before star-news.press/wp

Main meals

Solana is working slightly less than the $ 200 penetration area, with minimal resistance above. Open and cooling indicators indicate a healthier preparation for a sustainable height.

Solana (Sol) on the lips of the main step!

With the tightening of the price movement near the main penetration area and the data on the chain that reveals a thin resistance higher than the level of $ 200, we are all ready to probably pay towards the new ATHS.

Adding fuel to this mixture, the open attention recently increased to its peak from one year to another of $ 12.01 billion before it slightly reduced-an encouraging flow of excessive financial lever.

This resetting may indicate the clearance of the leverage and the healthier basis for the next men.

Is it all set for an equivalent height?

According to the encryption analyst Ali Martinez, Solana faces “little resistance” as soon as she exceeds $ 200 – a level that now doubles as psychological and structural importance.

Data supports this, as the URPD chart shows a sharp decrease in the distinctive symbol concentration to more than $ 200.

Source: x

The heaviest groups sit between $ 165 and $ 176 – most of the sale is already behind it.

With the minimum historical public supplies above, a clean break can exceed 200.59 dollars as a starting starting platform for restoration, and may exceed, its highest level ever.

The open interest reset may enhance the next step for Sol

After rise to the highest year at $ 12.01 billion on July 23, Open attention has been cooled since then To 10.56 billion dollars at the time of the press.

This flow of excessive leverage showed that speculative fluff is cleansed, which reduces the risk of a liquidation event on the severe negative side.

Source: Coinglass

Despite the decrease, OI is still high, indicating the participation of a strong market.

Such a basic work reset usually puts more sustainable gatherings, and with Solana continues over critical support levels, we are all ready for renewable momentum.

The momentum cools, but the bullish structure is still sound

Solana’s daily chart showed a healthy pause after its recent outbreak, as prices were merged from about $ 185 to $ 188.

RSI was cooled to 60.84 at the time of the press – outside the peak area, but still in the upscale control – while the MACD line remained above the sign … with a narrowing gap.

Source: TradingView

After saying this, this is the slowdown than reflection.

The size decreased, but this is typical after sharp runs. Unless Sol is broken to less than $ 180, the bullish structure remains intact-especially if the broader feelings turn into risks again.