SOL / TetherUSShort
SOL Target HIT - Take Profits / Shorts (Carefully)
Sol blew right through my technical target of $231 from the breakout of the falling wedge identified a few days ago. Showing overbought on high time frames with bearish structure forming on low time frame indicators such as the RSI while Mac D still attempts to climb. Personally I am short from $243 but BE CAREFUL. SOL seems very Euphoric at the moment and even though market cap has already flipped ADA, anything is possible. Be prepared to take a loss if you are front running a short position on leverage.
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.