SOL was one of the best performing coin in 2021. After Topping 250+ SOL dropped almost 90% to it's original ATH price.
if we look closely SOL is forming descending broadening wedge pattern. Which is bullish pattern. if we take a look at weekly RSI and MACD both of them are quite bullish. VPVR indicator also showing strong support near 38-40$ area. that doesn't mean we can't go below this level. this is just technical analyses so we will just ignore the fundamentals for now.
SL: $37 TP: $70
if we break the wedge we will see further upward movement to 90$ - $115.
Disclaimer: this is not financial advice
노트
after the ftx everything is invalidated. i will publish more updates soon