SOL / TetherUS
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#SOL/USDT Final Liquidity Zone Before Expansion?

178
#SOL

The price is moving in a descending channel on the 1-hour timeframe. It has reached the lower boundary and is heading towards breaking above it, with a retest of the upper boundary expected.

We have a downtrend on the RSI indicator, which has reached near the lower boundary, and an upward rebound is expected.

There is a key support zone in green at 135. The price has bounced from this zone multiple times and is expected to bounce again.

We have a trend towards stability above the 100-period moving average, as we are moving close to it, which supports the upward movement.

Entry price: 136.60
First target: 137
Second target: 138
Third target: 140

Don't forget a simple principle: money management.

Place your stop-loss below the green support zone.

For any questions, please leave a comment.

Thank you.
Dagangan ditutup: sasaran tercapai
#SOL
First target: 137 Reached
Second target: 138 Reached
Third target: 140 Reached

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.