SOL still has good buying power at the $75 zone and it may continue to rise to the $90 and $120 zone in early September. But if it loses the $75 zone, it will fall back to the $65 or even the $50 zone

📈RED PLAN
🔴Buy : 73-77$. SL if B
📉BLUE PLAN
🔴Sell : 88-92$. SL if A 🔴Sell : 117-123$. SL if A
🟣PURPLE PLAN
🔵Sell : 73-77$ if B. SL if A 🔵Buy : 63.5-66.5$ if A. SL if B 🔵Buy : 48.8-51.2$. SL if B
❓Details
🕯Timeframe : 1 Day 📈Red Arrow : Main Direction as BUY & SELL section 📉Blue Arrow : Back-Up Direction as BACK-UP section 🟩Green zone : Support zone as BUY section 🟥Red zone : Resistance zone as SELL section 🅰️A : The Close price of candlestick is Above the zone 🅱️B : The Close price of candlestick is Below the zone

  • Solana is a high-speed single-layer blockchain, currently supporting peak capacity of 65k transactions per second and 400ms block times using a network timestamp system called Proof-of-History ("PoH").
  • Core technical team comes from Qualcomm, a Fortune 500 chip manufacturer, where they managed projects such as Firefox OS and the BREW Operating System.
  • As of the time of writing, the project has over 80 active third-party validators and over 50,000 community members across Telegram, Reddit and Twitter.
  • Solana raised over 25 MM USD from investors including Multicoin Capital, Foundation Capital, Distributed Global, Blocktower Capital, NGC Capital, and Rockaway Ventures.