Solana (SOL/USD): Facing Volatility at Key Levels
🔥 FinCaesar's Strategy:
🩸 Long: Above $212.92, targeting $220 and $230. A confirmed breakout requires increased volume.
🩸 Short: Below $204.00, aiming for $195 and $178. Persistent selling pressure could lead to a retest of lower supports.
🔥 FinCaesar's Commands:
🩸 Resistance: $212.92. A breakout here could pave the way for bullish momentum.
🩸 Support: $204.00. Breaching this level may accelerate downside toward $178.
The MACD shows weakening momentum as Solana oscillates between key levels. Traders should watch for breakouts or breakdowns, with volume and market sentiment providing the next decisive direction.
👑 "In the chaos of the market lies the opportunity for the disciplined." — FinCaesar
🩸 Long: Above $212.92, targeting $220 and $230. A confirmed breakout requires increased volume.
🩸 Short: Below $204.00, aiming for $195 and $178. Persistent selling pressure could lead to a retest of lower supports.
🔥 FinCaesar's Commands:
🩸 Resistance: $212.92. A breakout here could pave the way for bullish momentum.
🩸 Support: $204.00. Breaching this level may accelerate downside toward $178.
The MACD shows weakening momentum as Solana oscillates between key levels. Traders should watch for breakouts or breakdowns, with volume and market sentiment providing the next decisive direction.
👑 "In the chaos of the market lies the opportunity for the disciplined." — FinCaesar
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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.
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.