Solana is sitting on the support zone of $130, the bottom of September 28. If Bitcoin stays at the price level it is now or turns a little green, this will be the golden opportunity for Solana to rise.
Solana price today is $136.34 USD with a 24-hour trading volume of $1,813,269,031 USD. Solana is up 3.59% in the last 24 hours, with a market cap of $42,471,695,119 USD. It has a circulating supply of 311,507,449 SOL coins.
Solana might take advantage of the support it tested yesterday and rise to $161, fib 0.236 as a pullback. Even if the pullback happens the bullish rally will not be enough to break the previous high of January 02 at $180, that’s strong resistance. If Solana doesn’t get the chance of pullback, it might nose-dive down to the major support level at $80, the peak of August 26.