I kinda love this symbol, but it just cannot break through the resistance at 26.9 with a triple top setup, so it can get back to the lower zone. With the current momentum, it cannot break through the resistance in the near term (unless there's good news in crypto to drag the whole market along).
Taking another look, we can consider the price zone around 16.8x to be good support for SOL, potentially helping it get back into the race. Still bearish overall. I'll keep an eye on SOL for any changes within this time range
Explore the Future of Crypto Trading! 🚀 Join me, the quant data-driven crypto trader. With innovative strategies and precise analysis, I stay ahead of the market trends. Let's conquer the exciting world of crypto
Explore the Future of Crypto Trading! 🚀 Join me, the quant data-driven crypto trader. With innovative strategies and precise analysis, I stay ahead of the market trends. Let's conquer the exciting world of crypto
Also on:
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.