Solana Hammer at 100.00 Support Points to 108.70 – 28…
By Karthik Subramanian
AI summary of the source article
Solana reversed upward from the 100.00 support level, forming a daily Hammer candlestick pattern. The cryptocurrency is projected to target the next resistance level at 108.70 despite recent outflows from US spot Solana ETFs.
Key facts
- Solana reversed up from the 100.00 support level and the lower daily Bollinger Band.
- The upward reversal formed a daily Hammer candlestick pattern.
- Solana is expected to rise toward the 108.70 resistance level, which halted a correction the previous week.
Source excerpt · FinanceFeeds
Solana cryptocurrency can be expected to rise further toward the next resistance level 108.70 (which stopped the previous correction (B) last week). Solana reversed from round support level 100.00 Likely to rise to resistance level 108.70 Solana cryptocurrency recently reversed up from the support zone between the round support level 100.00 (which has been reversing the price from the end of Augus…