SOL: Multi Time Frame Analysis Indicates Potential Bearish Trend

SOL: Multi Time Frame Analysis Indicates Potential Bearish Trend
In the 4-hour chart, SOL tested a strong zone near 244. Currently, the price is still moving within a large range trading zone, increasing the chances of another downward movement.
If the 244 level prevents the price from rising further, it should move down in the short term to around 224. A break below 224.20 could trigger a larger bearish wave.
Key Support Zones: 233.20 and 224.20.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
In the 4-hour chart, SOL tested a strong zone near 244. Currently, the price is still moving within a large range trading zone, increasing the chances of another downward movement.
If the 244 level prevents the price from rising further, it should move down in the short term to around 224. A break below 224.20 could trigger a larger bearish wave.
Key Support Zones: 233.20 and 224.20.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
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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.
✅MY FREE Signals Channel
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅Suggested News Channel
t.me/ForexNewsNavigator_Official
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅Suggested News Channel
t.me/ForexNewsNavigator_Official
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.