#SOL
The price is moving within a descending channel on the hourly timeframe. It has reached the lower boundary and is heading for a bounce. A retest of this boundary is expected.
The Relative Strength Index (RSI) indicates a downward trend, and this trend is likely to continue due to the overbought condition.
A key support zone (in green) was found at 87.00, and the price has bounced off this zone several times, making it a strong support level.
The price is trending towards the 100-period moving average, which we are approaching. This trend supports an upward move.
Entry Price: 89.00
First Target: 90.15
Second Target: 92.00
Third Target: 94.64
Stop Loss: At the resistance zone (in green)
Remember this simple rule: Money Management.
Any questions, please leave a comment.
Thank you.
The price is moving within a descending channel on the hourly timeframe. It has reached the lower boundary and is heading for a bounce. A retest of this boundary is expected.
The Relative Strength Index (RSI) indicates a downward trend, and this trend is likely to continue due to the overbought condition.
A key support zone (in green) was found at 87.00, and the price has bounced off this zone several times, making it a strong support level.
The price is trending towards the 100-period moving average, which we are approaching. This trend supports an upward move.
Entry Price: 89.00
First Target: 90.15
Second Target: 92.00
Third Target: 94.64
Stop Loss: At the resistance zone (in green)
Remember this simple rule: Money Management.
Any questions, please leave a comment.
Thank you.
أغلقت الصفقة: تم الوصول للهدف
#SOLFirst Target: 90.15 Reached
Second Target: 92.00 Reached
Third Target: 94.64 Reached
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إخلاء المسؤولية
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📍Trade Smart & Stay Protected⭐️Telegram Channel
Futures
👉 t.me/CryptoSignalFuturesSpot
Spot
👉 t.me/CryptoSignalsSpotFree
📌 We're open to Promotions, Ads & Partnerships: ☎️ t.me/CryptoAnalystsignal
Futures
👉 t.me/CryptoSignalFuturesSpot
Spot
👉 t.me/CryptoSignalsSpotFree
📌 We're open to Promotions, Ads & Partnerships: ☎️ t.me/CryptoAnalystsignal
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.