Solana is currently in a clear accumulation phase following a strong reaction from the major demand zone.
The horizontal accumulation in this zone indicates both a re-intensification of liquidity and the market gathering energy for the next directional breakout.
As long as the region holds, the structure is positive, and this accumulation will be the key to the next expansion phase.
The horizontal accumulation in this zone indicates both a re-intensification of liquidity and the market gathering energy for the next directional breakout.
As long as the region holds, the structure is positive, and this accumulation will be the key to the next expansion phase.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.