SOLUSD is correcting the 5 waves advance from April low within a 3 waves ZigZag structure and as price slipped to a new marginal low beneath last week’s support, signaling potential weakness toward equal legs area$122 - $111 before buyers look to step in again.Keeping an eye on reactions in this zone—could set up for a bullish reversal once demand kicks in!
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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.