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Solana Remains Neutral Since March 2024

Solana has traded within a range between $121 and $193.50 since March of 2024. These are my three key price levels to monitor for Solana, and I think the price action has been pretty quiet lately. There was a rejection at the white trendline around $162.94 in late September, and Solana is trying to form a bullish rebound. If Bitcoin starts to rally soon I would monitor the white trendline for a break or rejection, and I have the red zone as a key resistance target that needs to break for SOL to start a bull run rally.

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