Still no clear signals on 
SOL yet.
However, the RSI on the DAILY IS THE MOST OVERSOLD its been SINCE JUNE 2023.
I personally opened a long here.
Not for the faint at heart.
Could dip down to $133’ish and range between $146.
We DO NOT want to range too long in this area as you can see there has already been HEAVY consolidation.
Look for a V-Shape reversal trying to reclaim that ~$157 level for bullish confirmation.
SOL yet.However, the RSI on the DAILY IS THE MOST OVERSOLD its been SINCE JUNE 2023.
I personally opened a long here.
Not for the faint at heart.
Could dip down to $133’ish and range between $146.
We DO NOT want to range too long in this area as you can see there has already been HEAVY consolidation.
Look for a V-Shape reversal trying to reclaim that ~$157 level for bullish confirmation.
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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.