Solana: Can bulls reach $26?

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Solana made a quick U-turn after the Fed's decision and reversed a portion of recent losses. But further recovery is likely only if BTC traverses this level.

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinionSentiment improved, but funding rates wavered slightly.

At the time of writing, SOL reclaimed another key 61.8% Fib level of $24.74. That level could set bulls to aim at $26 or $26.85. However, such an upside move depends on BTC crossing the $29.5k mark.

 

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