SOL/USDT Technical Analysis (4H Chart)
- Resistance Zone: The price is approaching the $140–$145 resistance area, where previous rejections occurred.
- Price Action: A potential rejection from this zone could trigger a downward move.
- Target Area: If selling pressure increases, the next key support is near $115.
- Risk Management: A stop-loss above the resistance zone is recommended, with take-profit near the target area.
A breakout above resistance would shift the bias to bullish.
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- Resistance Zone: The price is approaching the $140–$145 resistance area, where previous rejections occurred.
- Price Action: A potential rejection from this zone could trigger a downward move.
- Target Area: If selling pressure increases, the next key support is near $115.
- Risk Management: A stop-loss above the resistance zone is recommended, with take-profit near the target area.
A breakout above resistance would shift the bias to bullish.
Don't forget to hit the like button & share your thoughts in comment section .
Trade active
Note
Price falling from resistance area, 90 pips+ achieved. Note
Congrats , 160 pips+ achieved from 146$ to 130$.Trade closed: target reached
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💸FREE FOREX Signals in Telegram : t.me/SOAMPROTRADER
🔹Join Our Telegram Channel, Pure Price Action Based Signals With Chart Analysis.
t.me/SOAMPROTRADER
🚀FREE CRYPTO Signals In Telegram: t.me/SOAMPROTRADER
🔹Join Our Telegram Channel, Pure Price Action Based Signals With Chart Analysis.
t.me/SOAMPROTRADER
🚀FREE CRYPTO Signals In Telegram: t.me/SOAMPROTRADER
Related publications
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.