SOL Market Outlook



SOL has established a smooth upward trend from its low levels. Although it experienced a pullback after reaching 143, the overall upward structure remains intact. The correction is a normal adjustment within the trend, and the bullish strategy is based on the primary upward trend as the core logic.

After the price retraced, it re-approached and stood above the middle band of the Bollinger Bands. The middle band is an important support for the upward trend. Holding this level indicates the short-term correction has ended, and the bulls are regaining control.

SOL Trading Suggestion: Pullback to 137-132, with an outlook towards 148-158.
SOL2,71%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)