Mar.2-Mar.8SOL(1d)
SOL started to fall after reaching the resistance level and broke the previous low. The situation is bad. After reaching the support level, you can see that the bulls are increasing, but not enough to hinder the attack of the bears. Even with the rebound on Feb. 24, the bulls looked very weak.The high point of each rebound is lower than previous one.
Conclusion:Mostly falling. The price did not effectively break the last support at 81, so we kept it. If the price breaks through support these days, the next support is coming at 70 which we mentioned several times as a key level. Because of the poor performance, we lowered the resistance level to 90.
If you have any ideas, welcome to communicate with us:)
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies.
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
Conclusion:Mostly falling. The price did not effectively break the last support at 81, so we kept it. If the price breaks through support these days, the next support is coming at 70 which we mentioned several times as a key level. Because of the poor performance, we lowered the resistance level to 90.
If you have any ideas, welcome to communicate with us:)
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies.
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
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