SOL 6H. Solana Heading to $400 in the Medium Term. 12/12/24
2024-12-12
Category: None

The asset price is currently stabilizing within the $222-$204 range, which could serve as a critical support zone. Support is the level where the price tends to bounce back as buyers step in aggressively, holding the price at this level.

In the short term, I’m considering a buy position targeting $260, which marks the upper boundary of the current range. For me, this is strictly a near-term goal. In the medium term, I anticipate Solana trading between $300 and $400.

To put it clearly and concisely: I expect further growth for #SOL and do not foresee the price dropping below $204.

DYOR.