SOLUSDT Perpetual Contract
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$Sol is almost ready to pop !!

231
Still not interested to open any long position on SON but:

1- We already broke the bearish trend line and test it as support once
2- Bullish divergence on RSI still supports this bounce from the lows
3- The trigger for opening a long position is having a msb (market structure break) above 95.5

from there, the first resistance on the way is that daily order block (blue box)
and the area that I will be looking to book some profit at is the yellow box which is an FVG on HTF

P.S: Don't hold onto your longs until all-time highs, try to trade level by level instead
Nota
the previous update on Solana:
See this trend line broken and only then Buy SOLANA !!!
Nota
Order Block explained !!!!!
Order blocks and Breakers tutorial !!
Nota
FVG explained !!!
What is FVG and why is it important?
Nota
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sign up and BUY/SELL crypto on BYBIT and grab a share of the 100,000 USD prize pool !!!
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Penafian

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