
1. Current Price Context Price Movement: SOL has gained 7.44% recently, showing strong upside potential. Trend Structure: The price is attempting to break above key resistance zones after bouncing from recent lows. 2. Key Support & Resistance Levels Support Levels (Downside Risk) $131.80–$133.80 Zone – Current short-term support. If price holds above this...
Solana (SOL) is currently trading around the $136 area, having recently bounced off a local bottom. There are several key resistance levels identified, notably at $140-$142 and further above at around $150 and $160. Bearish Scenario (Short Opportunity at $140-$142): • The price is approaching a resistance area ($140-$142), which aligns with the lower boundary of...
Recent Low & Bounce: Price found support around 127 and has been climbing within a short-term rising channel. Fib Levels in Play: From the swing high near 153 down to 127, key retracements cluster around 139–145, with 149.6 (78.6% Fib) acting as a major ceiling. EMA Ribbon & 200 MA: The EMA ribbons are near the current price, signaling consolidation. The...
Very interesting Price range to look at now for US30. After two consecutive negative GDP numbers, market still went up. What I believe is the fed is sugar coating they make investors not to worry. However a big dump is going to happen soon. This was after one of the feds meetings, market went up a lot that day, but next day came back more down. So what is...
As you guys can see with this short rally from Bitcoin since it started trading upwards from the channel it’s been making higher highs and higher lows so a break beneath these lows will be perfect for more confirmation on BTC coming back downwards. It retested the top of the channel and now just consolidating. Remember the longer the consolidating means the bigger...