SOL has good support at 140$ and it could have a big rally up to 170$, 200$ and 280$ zones in this October and November. But if it loses this 140$ zone, we will wait to buy it back at 120$ zone, which is really strong
📈RED PLAN ♻️Condition : If 1-Day closes ABOVE 140$ zone
🔴Buy : 140
🔴Sell : 170 - 200 - 280
📉BLUE PLAN ♻️Condition : If 1-Day closes BELOW 140$ zone
🔵Sell : 140
🔵Buy : 120
❓Details 🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of 1-day candlestick is Above the zone
🅱️B : The Close price of 1-day 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.