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Solana’s corrections present ‘ideal’ opportunity to go long over here
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Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice
Solana has capped an excellent week of trade after registering an ROI of 18% – The second-highest gainer among the top-10 coins by market cap. On the charts, SOL has embarked on a steady uptrend since rebounding from the 61.8% Fibonacci level ($177.5), with the alt continuing to target fresh milestones.
However, a near-term correction has come to light following bearish divergences along the RSI, MACD, and the Awesome Oscillator. For traders, this presents an ideal opportunity to get in on the SOL rally at a discounted price level.
At the time of writing, SOL was trading at $245.2, down by 4% over the last 24
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