SOL: Key Support Zone and Bullish Potential: Targeting New Highs
SOL recently tested a robust support zone near 112, which aligns with a significant structural level on the daily chart. This zone, originating from the left side of the structure, has demonstrated its strength over the past year.
Historically, this area has been tested multiple times, consistently acting as a strong support. It has also been the origin of several aggressive price movements in the past year, underscoring its importance.
Currently, SOL shows promising signs of a potential rise, having completed another bullish wedge pattern.
The target zones I am monitoring for this upward movement are 146, 160, and 177.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
SOL recently tested a robust support zone near 112, which aligns with a significant structural level on the daily chart. This zone, originating from the left side of the structure, has demonstrated its strength over the past year.
Historically, this area has been tested multiple times, consistently acting as a strong support. It has also been the origin of several aggressive price movements in the past year, underscoring its importance.
Currently, SOL shows promising signs of a potential rise, having completed another bullish wedge pattern.
The target zones I am monitoring for this upward movement are 146, 160, and 177.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Trade active
From our previous analysis SOLANA increased by almost +10% to +15%.
The price is taking another pause after reaching our first target.
The correction could take place these days between 136.50 and 138. This is an area of high interest for buyers that could push the price further, as shown in the chart to 161 and 178
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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.
✅MY Free Signals
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
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.