SOLANA: Some Accurate Fib Movement

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SOLANA: Some Accurate Fib MovementSOL / TetherUSBINANCE:SOLUSDTDukesMarketAnalysisMonthly Fib Levels in Focus A little later, we'll be taking a look at the daily chart, but first I had to share this monthly chart. Repeated 0.618 Reactions Solana produced several reactions around the 0.618 Fib at $117.95, with this level repeatedly acting as a key area of support. 0.786 Reached After eventually losing the 0.618, price continued lower and reached the 0.786 Fib at $69.60, where another reaction has followed. Remarkably Clean Movement You don't often see Fibonacci levels respected this cleanly on a monthly chart. Some quite astounding Fib movement from $SOL. In Summary Before looking at the daily chart a little later, I had to share this monthly view. Solana has produced some quite astounding Fib movement, repeatedly reacting around the 0.618 at $117.95 before eventually breaking lower and reaching the 0.786 at $69.60. Price has since reacted from this area. You don't often see Fibonacci levels respected this cleanly on a monthly chart, making this a particularly interesting example of higher-timeframe Fib movement.