CRITICAL LEVEL IN SOLANA.....

#solana #escoin #elg #btc #xrp

Solana (SOL) experienced a sharp decline with the loss of momentum in the last week of November. In particular, it lost the $ 235 support level during the widespread selling wave and the price fell to $ 213. This level is considered a critical support point. If the price makes a daily close below this level, the possibility of a pullback to $ 190 levels may increase.

Technical indicators are also giving bearish signals. The fact that the Bollinger Bands are approaching the lower band and the Relative Strength Index (RSI) is in a downward trend at 48.70 indicates that the selling pressure is increasing. However, if there is a recovery above $ 213, the $ 235 resistance may be targeted again. If this level is broken, the price could rise to $266 and then to $306.