Menu

Search

  |   Technicals

Menu

  |   Technicals

Search

SOL Strong: Solana Trading Pairs Lead the Charge on Private DEXs

Solana (SOL) trading pairs dominate the private DEXs now because they concentrate on SOL and stablecoin pairs, tight prices, and guaranteed fills, catering to the mainstream and meme coin trade, i.e., on platforms like SolFi, which aggressively quotes new releases of meme coins. The architecture of these private DEXs reduces slippage and MEV risk, which makes them particularly well-suited for the high-speed, speculative conditions of meme coins

 

Market Movements: Navigating the Price Trends of SOL

The SOL/USD pair gained more than 10% from minor bottom $166. Near-term support is identified at $165, with a drop below this level potentially leading to targets of $137/$123/$117/$100. Immediate resistance is noted at around $185, where a breach could push prices up to $200/$225/$265, or even $300. It is good to buy on dips around $140, with a stop-loss set at $123 and a target price of $300.

 

 

 

 

  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.