SOL/USDT is displaying a classic head and shoulders pattern on the chart, signaling a possible reversal in trend. With the neckline currently breached, there's a heightened probability of the price declining towards the projected target of around 94.
Entry: Short below neckline breakout confirmation
Stop Loss: Above right shoulder
Take Profit: Near projected target of 94
As always, remember to conduct your own analysis and risk management. Monitor price action closely for confirmation and adjustments. #SOL #Solana #TradingView #TechnicalAnalysis #CryptoTrading
Entry: Short below neckline breakout confirmation
Stop Loss: Above right shoulder
Take Profit: Near projected target of 94
As always, remember to conduct your own analysis and risk management. Monitor price action closely for confirmation and adjustments. #SOL #Solana #TradingView #TechnicalAnalysis #CryptoTrading
Not financial advice !!!
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mSamex Links: linktr.ee/msamex
Telegram Channel: t.me/meshtrade_ir
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.
Not financial advice !!!
mSamex Exchange (No KYC Needed): msamex.com
mSamex Links: linktr.ee/msamex
Telegram Channel: t.me/meshtrade_ir
mSamex Exchange (No KYC Needed): msamex.com
mSamex Links: linktr.ee/msamex
Telegram Channel: t.me/meshtrade_ir
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.