Solana: ⬇️ Sell
– Solana reversed from resistance zone
– Likely to fall to support level 90.00
Solana cryptocurrency recently reversed from the resistance zone between the strong resistance level 96.10 (upper border of the sideways price range from February) and the upper daily Bollinger Band.
This resistance zone was further strengthened by the 38.2% Fibonacci correction of the sharp downward impulse C from January.
Given the overbought daily Stochastic, Solana can be expected to fall to the next round support level 90.00, former top of wave i.