SOLUSDT Chart by TradingView
| Performance after Wednesday 30-Nov | |||
| Period | Pct | Chg | Momentum |
| Wednesday | 6.15% | 0.82 |  |
| Week to-date | -1.13% | -0.16 |  |
| November | -56.51% | -18.4 | |
SOL Analysis
Solana (SOLUSDT) price for the week to-date dropped -1.13% or -0.16 lower to 13.96. At time of writing into Thursday’s trading session, Solana has increased by 1.01% over the past 24 hours. For the record, SOLUSDT is -94.63% below all-time high of 259.96. On Wednesday, SOL rose 6.15% to 14.16.
On the daily timeframe, price is above 9-Day EMA and Stochastic oscillator is rising, our analysis is that there is bullish momentum and price could continue to go higher.
End of November, SOL is down by -56.51% or -18.4 lower.
What can we expect from Solana today?
Looking ahead for the day, immediate upside resistance level at 14.58 (R1) while on the downside, we are looking at daily low of 13.21 as an important support. Break below this level could weaken the current bullish momentum.
Solana need to break on either side to indicate a short-term bias. A break above 14.32 would suggest bullish bias after recent positive movement.
For the week to-date, take note that Solana is falling as the pair posted lower, down by -1.13%. Prior performance for the week ending 2022-11-27 was 15.08%.
Key levels to watch out:
| R3 | 15.69 |
| R2 | 15.01 |
| R1 | 14.58 |
| Daily Pivot | 13.90 |
| S1 | 13.47 |
| S2 | 12.79 |
| S3 | 12.36 |
Last updated: 03:22 am UTC, 01-Dec 2022
