MyCryptoParadise_Nathan

πŸš€SOL Breakout: Potential Bullish Momentum Ahead!

Long
BINANCE:SOLUSDT   SOL / TetherUS
πŸ’Ž Paradisers, #SOL has broken out of the resistive trendline and formed a cup and handle pattern, increasing the likelihood of a bullish move.

πŸ’Ž If #SOLUSDT breaks above the resistance zone, it will validate the cup and handle pattern, and we can anticipate a bullish move.

πŸ’Ž In the event of a pullback, we can expect a bounce from the demand zone, but be cautious in this area, as it could also lead to a sharp decline.

πŸ’Ž However, if there is a breakdown below the demand zone, it will be considered an invalidation of the bullish signs. In that case, it would be better to wait for more favorable price action to develop.

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