📉After weeks of selling pressure, SOL is finally approaching a massive confluence zone around the $150 round number, which aligns perfectly with a strong weekly support area highlighted in blue.
⚔️This level has historically acted as a major pivot zone, and as long as SOL holds above it, I’ll be looking for short-term long opportunities, targeting the upper bound of the falling red channel.
🏹However, for the bulls to fully take control, SOL must break above the last major high marked in red, confirming a shift from correction to continuation.
Could this be the point where Solana says - Enough is enough? 👀
⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
📊All Strategies Are Good; If Managed Properly!
~Richard Nasr
⚔️This level has historically acted as a major pivot zone, and as long as SOL holds above it, I’ll be looking for short-term long opportunities, targeting the upper bound of the falling red channel.
🏹However, for the bulls to fully take control, SOL must break above the last major high marked in red, confirming a shift from correction to continuation.
Could this be the point where Solana says - Enough is enough? 👀
⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
📊All Strategies Are Good; If Managed Properly!
~Richard Nasr
📊I help you turn charts into a career
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theSignalyst.com
Telegram
t.me/thesignalyst
Trusted Crypto Exchange
cutt.ly/qtwKuPaJ
Trusted CFD Broker
cutt.ly/TickmillReal
Trusted Crypto Prop Firm
cutt.ly/Hyrotrader
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📊I help you turn charts into a career
theSignalyst.com
Telegram
t.me/thesignalyst
Trusted Crypto Exchange
cutt.ly/qtwKuPaJ
Trusted CFD Broker
cutt.ly/TickmillReal
Trusted Crypto Prop Firm
cutt.ly/Hyrotrader
theSignalyst.com
Telegram
t.me/thesignalyst
Trusted Crypto Exchange
cutt.ly/qtwKuPaJ
Trusted CFD Broker
cutt.ly/TickmillReal
Trusted Crypto Prop Firm
cutt.ly/Hyrotrader
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.