BINANCE:SOLUSDT.P   SOL / TetherUS PERPETUAL CONTRACT
#SOL/USDT
$SOL is trading inside falling wedge, and price is at lower line of this triangle pattern.

🐮 holding the lower line that is the same with long term support zone, can increase price toward upper line of wedge and breaking out of wedge will continue rally to touch resistance around $120 that is the same with resistance zone.

🐻 break down from lower line of wedge can drop price to next support zone around $45.

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.