![Why Solana [SOL] traders should wait for a bounce into the $21 area](https://i.headtopics.com/images/2023/3/9/cryptoamb/why-solana-sol-traders-should-wait-for-a-bounce-in-why-solana-sol-traders-should-wait-for-a-bounce-in-1633898696931672064.webp)
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion The breakdown beneath $20 meant imbalances on the daily chart to the south could be tested soon. The lower timeframe bias of Solana was also strongly bearish. Solana presented a worrying possibility on the […]
2023-24
The bears succeeded in breaching the range lows as well. Moreover, they managed to punch through the support area swiftly and overwhelmed the buyers. The drop from $20.45 saw an imbalance left on the charts, although the daily session was not yet closed at press time.
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