Hello Traders,
I hope you are all doing well. Here’s a quick analysis of SOL on the weekly timeframe.
After reaching its all-time high of $295, SOL experienced a 60% decline within 11 weeks. According to the chart, the support trendline remains strong, and technically, the price has not yet reached that level.
If we see a further dip toward the support trendline, SOL could drop as low as $90. However, a rebound from this level could lead to a significant upward move.
Long-Term Strategy:
✅ Accumulation: $90 to $125
✅ Trade Type: Spot
✅ Target: $300 to a new all-time high
✅ Period: By the end of Q3
🔔 Reminder: Always conduct your own research and analysis before investing. This is not financial advice.
Regards,
Team Dexter
I hope you are all doing well. Here’s a quick analysis of SOL on the weekly timeframe.
After reaching its all-time high of $295, SOL experienced a 60% decline within 11 weeks. According to the chart, the support trendline remains strong, and technically, the price has not yet reached that level.
If we see a further dip toward the support trendline, SOL could drop as low as $90. However, a rebound from this level could lead to a significant upward move.
Long-Term Strategy:
✅ Accumulation: $90 to $125
✅ Trade Type: Spot
✅ Target: $300 to a new all-time high
✅ Period: By the end of Q3
🔔 Reminder: Always conduct your own research and analysis before investing. This is not financial advice.
Regards,
Team Dexter
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.