SolanaShort
SOLUSD SELL IDEA
Here is a SOLUSD Sell Idea. After seeing significant buy pressure on Solana brough upon by BTC shooting to near 100k, I believe we will see a retest of previous support levels for few different reasons. There is alot of liquidity between $220 & $260 so those order are likely to get activated before the price continues to rise. As well as the time of the year. December is traditionally a rocky month for crypto and based on price action from years past a slower more bearish market is to be expected.
ENTRY: 261
TP1: 245
TP2: 225
SL: 272
ENTRY: 261
TP1: 245
TP2: 225
SL: 272
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.