SOLUSDT.P breaks resistance and tries to stay above key levels. The fundamental background for cryptocurrencies is gradually improving. What can be expected in the short and medium term?The crypto market has received support amid progress in US regulatory initiatives: the Digital Asset Market Clarity Act has been submitted for consideration, which increases regulatory predictability and attracts institutional capital. Progress in regulation is laying the foundation for sustainable growth in the crypto market by attracting institutional capital.
Bitcoin is strengthening against the backdrop of positive news related to market regulation and is moving into a local bullish trend. Against this backdrop, SOL is breaking through consolidation resistance and attempting to stay above 143.5 - 144.7...
Resistance levels: 156.5, 160.0
Support levels: 144.7, 143.5, 142.0
If the bulls manage to keep SOL above the key support zone of 143.5 - 144.7 after breaking through resistance and a reversal pattern forms, a rally to 155 - 160 can be considered.
Best regards, R. Linda!
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🌹TRADING is a CASINO💔!?
NO‼️
Join me, I'll guide you to PROFITABLE TRADING💵!
(don't copy, click on the links!)
🟢Telegram Channel: telegram.me/RLindaTrade
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NO‼️
Join me, I'll guide you to PROFITABLE TRADING💵!
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