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RE: LeoThread 2024-12-12 14:20

in LeoFinance20 days ago

Part 3/6:

Moving beyond the immediate targets, the analysis points to a further resistance level at $490, suggesting that while the asset has potential for significant growth, anything surpassing $500 could likely result in an overwhelming upward extension. This would potentially trigger a larger market correction before any fresh surges in price.

The insight provided on Solana's price movements reflects a cautious optimism, predicated on the market's ability to remain within these targets while considering broader market dynamics and potential corrections.

Short-Term Technical Analysis