SOLANA on SUPPLY Level? Take Profit or wait?
As you can see, SOLUSDT hasnt broken all time highs nicely, instead it was a fakeout which closed below 260$ price zone.
1- I have sold here & would wait to take my entries on a higher low around 222$ price zone.
2nd - If it breaks all time high, then I would let it do that and come back to 260$ or make a higher low, then I will decide entries.
3- if it break 222$ then a lot lower prices will be expected like 200$ and 180$ at least.
For now, the market is bullish, and the first and the 2nd probability is most likely to playout.
Trade safe my friends, DYOR!
1- I have sold here & would wait to take my entries on a higher low around 222$ price zone.
2nd - If it breaks all time high, then I would let it do that and come back to 260$ or make a higher low, then I will decide entries.
3- if it break 222$ then a lot lower prices will be expected like 200$ and 180$ at least.
For now, the market is bullish, and the first and the 2nd probability is most likely to playout.
Trade safe my friends, DYOR!
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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.