Solana (SOL) approaching crucial support level, bounce to $280-$300 possible if trendline holds.

From Investing.com

November 25, 2024 12:00:20 am:

Dogecoin (DOGE) is seeing increased whale activity as it nears crucial resistance levels, potentially aiming for the $1 mark after rallying above $0.5. However, signs of a possible reversal are emerging, with trading volume bolstering the rally but chart patterns raising questions. Key resistance levels are at $0.45, with $0.35 as important support.

Bitcoin is struggling to surpass the psychological $100,000 mark as bearish pressure increases. The chart shows consolidation below $100,000, with sellers actively defending the level. High trading activity is leveling off, potentially leading to a retracement to critical support levels at $90,000 and $85,000 if Bitcoin fails to break above $100,000.

Solana (SOL) is approaching a crucial support level at its rising trendline, with its next move depending on whether it holds or breaks this level. A bounce could lead to a move towards $280-$300, while a breakdown might see a retracement to support levels at $216 or $184. The RSI indicates SOL is overbought, increasing the importance of testing this trendline.

Read more at Investing.com: Details, Solana (SOL) to Get Tested in 3 Days By U.Today