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SOLBTC
Long Entry 0.0020 2025-09-12 03:22 UTC
Target 0.0050 Fail 0.0010
Risk/Reward 1 : 3
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SOLBTC
Pending
Cryptocurrency
Technical
1H
Analysis Predict Bull Market
The analysis focuses on Solana (SOL) against both USD and BTC. SOLUSD is currently trading at $228, with a potential target of $305. The analysis considers $250 as potential resistance. A key focus is placed on the Fibonacci levels, particularly the 138% extension at $305, viewed as a primary target. A failure price around $160 is inferred. The SOLBTC pair is also analyzed, with support levels holding. The analysis suggests SOLBTC needs to hold current levels to maintain bullish momentum, with a target of 0.00500 BTC, a fail target around 0.00100 BTC. Resistance on the SOLUSD chart should be closely watched around $230. The analyst mentions micro support levels will be highlighted on smaller timeframes.
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