The price perfectly fulfilled my last idea. It hit the target zone. SOLUSDT's recent surge saw it break and close above the crucial 170.00 level, delivering a significant bullish signal. Moreover, the market is poised to breach the range zone, which could lead to a breakout. If the market moves above the previous resistance at 175.00 suggests a strong upward momentum. If the market pulls back to the broken level and rejects it, we can expect the current trend to continue, potentially leading to a retest of the resistance at 175.00. My target is the resistance zone at 188.50.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
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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.