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Solana Trades Near Session Lows After Losing Intraday Support

From dailyforex.com

Solana has spent the past month grinding higher in small increments, recovering ground without ever attracting the aggressive buying that marks a genuine trend change. That slow repair was doing its job, and the market had settled into treating dips as opportunities rather than warnings. The session broke that rhythm. The selling arrived in one concentrated stretch rather than a gradual fade, and it pushed price through a level that had held repeatedly since the open. Volume picked up as it happened, which matters more than the size of the move itself. When a floor gives way on rising participation, it usually means ... (full story)

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  • Category: Technical Analysis