SOL starts the week trading below local support around $165. Continued weakness could lead to a retest of $155.
Failing to hold $155 could signal further weakness and the possibility of entering it's previous range with support around $142.
If prices reclaims $155, it could signal strength and potential to turn local resistance around $182 into support, reclaiming the 1D 200MA, setting the stage for the next leg up.
Failing to hold $155 could signal further weakness and the possibility of entering it's previous range with support around $142.
If prices reclaims $155, it could signal strength and potential to turn local resistance around $182 into support, reclaiming the 1D 200MA, setting the stage for the next leg up.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.