SOLANA

If we looking at EMA(50) & EMA(200) which still in a Golden Cross intersection, then Solana appears likely to continue its bullish bias today toward its nearest resistance level.

Key Levels

1. Resistance. 2 : 94.60

2. Resistance. 1 : 92.09

3. Pivot : 87.96

4. Support. 1 : 85.45

5. Support. 2 : 81.32

Tactical Scenario

Positive Reaction Zone: If the price breaks out above 92.09, there is a possibility that solana will rise toward 94.60.

Momentum Extension Bias: If 94.60 is also broken, there is a chance the 98.73 level will be tested.

Invalidation Level / Bias Revision

The upside bias is restrained if the price weakens and falls below 81.32.

Technical Summary

EMA(50) : 87.06

EMA(200): 85.16

RSI(14) : 48.14

Economic News Release Agenda:

From the United States throughout today there was no release of any economic data apart from the IMF Meeting.