List of Flash News about weekly chart resistance
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2025-06-08 11:04 |
Solana (SOL) Weekly Chart Analysis: Key Resistance Breakout Could Trigger Major Price Move
According to Mihir (@RhythmicAnalyst), Solana's (SOL) weekly timeframe chart currently shows the price positioned between a critical support (level-2) and resistance (level-1). This setup signals that traders should closely monitor the resistance level, as a confirmed breakout above level-1 could initiate significant upward momentum. For short-term trading strategies, this range-bound condition suggests limited volatility until a decisive move occurs. This technical picture is vital for crypto traders seeking to capitalize on breakout opportunities and manage risk, as verified by Mihir's chart analysis (source: Twitter/@RhythmicAnalyst, June 8, 2025). |