Solana
Long
Updated

SOL/USD (NEW)

388
The price is in the ascending channel. Currently there´s no low risk entry for long therefore we recommend to wait for a pullback as we expect the price to retest the lower boundary of the channel and from there continue its mid-term uptrend.
Note
The price just hit the support as we expected and it´s the spot where we expect a bounce. However, If we break down, we will see 25 $ again!

Disclaimer

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.