# FxWirePro- Buy SOLUSD on dips By Sheena Jordan Canonical URL: https://www.tokenpost.com/news/investing/13108 Published: 2024-09-25T02:48:09.000Z Updated: 2024-09-25T02:48:09.000Z Section: Investing > Solana is a blockchain built for mass adoption. It's a high-performance network that is utilized for a range of use cases, including finance, payments, and gaming. Solana is a blockchain built for mass adoption. It's a high-performance network that is utilized for a range of use cases, including finance, payments, and gaming. Features- Transactions per second 65000 Block time- 0.40 seconds Fees- 0.00064 SOL per transaction Re test level- $140 Any daily close above $165 confirms further bullishness. SOLUSD shown a minor pullback after retesting $140 level. The pair holds above the short-term (34 and 55 EMA) and long-term moving average in the 4-hour chart. It hit a low of $140 and is currently trading around $147. The bullish invalidation can happen if the pair closes below $110. On the lower side, the near-term support is $140. Any violation below target $127/$120/$110. The pair's near-term resistance is around $152.50 (50% fib). Any breach above confirms minor bullishness. A jump to $165/$175/$200 is possible. A surge past $210 will take it to $260. It is good to buy on dips around $140 with SL around $127 for TP of $200. [TokenPost]() | info@tokenpost.com ## Links in this article - [TokenPost](https://www.tokenpost.com)