The internal structure of SOL appears bearish, but it is not too far from the support zone. If SOL reaches the green zone, buy/long positions can be considered.
From another perspective, SOL is forming a large Trading Range.
A daily candle close below the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
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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.