Solana Intraday Technicals
Below $14.7, the price action will remain choppy and prone to move towards $11.6.
Above $19.5 is more bullish territory for SOLUSD, but the price action will still be choppy.
Since we are in the weekend and there is a thin liquidity, I do not expect much.
However, I will monitor the following scenarios.
Scenario 1. A re-test with a strong rejection of $14.7 will put more bearish pressure towards $11.6 and eventually $3.3-$6.8.
Scenario 2. A strong closure above $14.7 will push Solana higher towards $19.5.
Above $19.5 is more bullish territory for SOLUSD, but the price action will still be choppy.
Since we are in the weekend and there is a thin liquidity, I do not expect much.
However, I will monitor the following scenarios.
Scenario 1. A re-test with a strong rejection of $14.7 will put more bearish pressure towards $11.6 and eventually $3.3-$6.8.
Scenario 2. A strong closure above $14.7 will push Solana higher towards $19.5.
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