🔥 SOL Looking Weak: Lower Low Trigger
Updated
As of today, the market is seeing more bearish pressure arise, SOL is one of the bigger losers of the day, which is to be expected when looking at everything that happened in the last couple of weeks.
I'm looking for a close below the purple dotted support. A close below can be a great trigger for a potential short. $12 and $11 have proven to provide support/resistance recently, so those are my short-term targets.
I'm looking for a close below the purple dotted support. A close below can be a great trigger for a potential short. $12 and $11 have proven to provide support/resistance recently, so those are my short-term targets.
Note
No entry has been made because we didn't close below the dotted support line. Will keep monitoring.
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