SOLUSDT is retracing down to the 212.8 support zone after a sharp bullish move. Price action is forming a higher low structure above the upward trendline, suggesting early accumulation before a breakout attempt. As long as the 212–210 area holds, a move toward 234–253 remains technically favored. Overall structure points to a medium-term bullish recovery phase toward the upper resistance zone.⚠️ Risks:
- A breakdown below 210 could reactivate the bearish channel toward 192.7.
- Weakness in Bitcoin or broader market sentiment may slow recovery momentum.
- Unexpected macroeconomic events or Fed-related commentary could increase volatility and delay breakout confirmation.
If this idea resonates with you or you have your own opinion, traders, hit the comments. I’m excited to read your thoughts!
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🔥 Daily GOLD and Forex updates with 20,000+ active traders:
t.me/LingridChannel
🚀 Daily CRYPTO setups:
bit.ly/3JIGE2j
t.me/LingridChannel
🚀 Daily CRYPTO setups:
bit.ly/3JIGE2j
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.