Analyst Speculates Solana Will Retest $180 if This Major Support Holds ...Middle East

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Analyst Speculates Solana Will Retest $180 if This Major Support Holds
source : the crypto basic ( Middle East ) () 53
Market analyst Trader-Saylor has suggested that Solana will retest its late October highs if it holds the support zone from its long-term uptrend line. Solana surged to a three-month high of $182 on October 29 as the market gained bullish momentum. However, the fifth-largest cryptocurrency faced a rejection at the resistance level, falling over 9% to trade at its current price. Analyst Trader-Saylor noted that he expected the correction as the general outlook among investors had turned skeptical. The analyst cited global economic unrest, surging inflation, and the Federal Reserve’s unwillingness to slash interest rates as factors sponsoring the downtrend. However, he noted that Solana cou

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