Solana: ⬇️ Sell
– Solana broke support area
– Likely to fall to support level 187.20
Solana cryptocurrency recently broke the support area between the key support level 210.00 (former resistance from August), support trendlines of the 2 up channels from July and August and the 50% Fibonacci correction of the upward impulse from August.
The breakout of this ssupport area accelerated the active short-term ABC corrective wave iv from the middle of September.
Given the strong bearish sentiment seen across the cryptocurrency markets today, Solana cryptocurrency can be expected to fall to the next support level 187.20.
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