SOLUSDT appears favorable for a long position or spot hold. SOLUSDT has broken out of a symmetrical triangle pattern.
The breakout and subsequent retest appear to have been completed, suggesting that every dip could present a buying opportunity. The entry zone is indicated on the chart, with potential gains of nearly 122% for futures and hold suggestion for spot traders.
Stop loss is around $149.13.
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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.