Unraveling the mysteries of SOLUSD | Crypto
In today’s video, we look at SOLUSD on the daily chart. Will the ongoing rally maintain its momentum, or is there a potential descent on the horizon?
Today’s focus: SOLUSD
Pattern – Failed high and HL
Support – 51.71
Resistance – 57.70 – 58.20 – 59.00
Today’s video asks if Solana’s run will continue or if it could see further selling enter the market. Buyers continue to push in today’s session but continue to be met with decent selling from $57.70 and above up to $61.
There’s also an interesting price set up we have run over, as it looks a lot like the current price action we are seeing at the moment, and the last time this occurred, we saw a solid run up.
SOL | SOLUSD | Cryptocurrency | Cryptocurrency Trading | Crypto Trading | Price Action | Technical Analysis | Trend Analysis | Chart Patterns | Technical Indicators | Continuation Patterns
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