SOL / TetherUS
Long

#SOL/USDT

330
#SOL

The price is moving within a descending channel pattern on the 1-hour frame and is expected to rise after it has been largely committed to it

We have a downtrend on the RSI indicator that is expected to break upwards and we have a trend to stabilize above it

We have a major support level in green at a price of 165.40

We have a trend to stabilize above the 100 moving average

Entry price 168.74
First target 173.74
Second target 179.42
Third target 186.14

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.