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Solstice Price Prediction: Can SLX Hold Its Channel Ahead Of aiUSX Launch?

2d ago
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bearish:

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  • SLX climbed from $0.14 to a high near $0.66 in under a month
  • TensorX and Solstice are building a $1B facility to finance EU AI infrastructure
  • 24-hour liquidations hit $1.83M, with shorts taking the bulk of the damage

Solstice trades at $0.6232 on June 30, down 2.5% from ATH after a parabolic run that took the token from $0.14 to a high near $0.66. The pullback comes as the protocol’s total value locked approaches $1 billion ahead of a new product launch.

Is SLX Due For A Pullback After Its Parabolic Run?

SLX 3H Price Action (Source: TradingView)

The 3-hour chart shows SLX in a steep ascending channel since late June, with price respecting both the upper and lower trendlines almost perfectly through the move from $0.20 to $0.66. The recent dip to $0.6127 tagged the lower boundary of that channel before bouncing, suggesting the trend structure remains intact fo…

Read The Full Article Solstice Price Prediction: Can SLX Hold Its Channel Ahead Of aiUSX Launch? On Coin Edition.

2d ago
bullish:

0

bearish:

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