SOL / TetherUS
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๐Ÿ’ฒ Solana Where Is It Going To Stop? ๐Ÿ’ฒ

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๐Ÿ’ฒ Solana Where Is It Going To Stop?

๐Ÿ’ฒ Nearest strong support zone: around the 0.382 fibo level of the downward wave.

๐Ÿ’ฒ Nearest strong resistance zone: around the 0.5 fibo level of the downward wave.

๐Ÿ’ฒ Technical environment:

- Moving averages: 50/50

- MACD: Uptrend

- RSI: Uptrend

๐Ÿ’ฒ Price action: Solana continues its northward rally today, all thanks to the return of capital to the stock market and the strength of the dollar. It is very likely that after such a continuation of the uptrend and the breakthrough of new local peaks, we will still find the strength to continue the rise to the area of $32.

๐Ÿ’ฒ The scenario I am playing out is a continuation of the upward movement to the area around $32. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.

๐Ÿ’ฒ Please do not suggest the path I have outlined with lines it is only a hypothetical scenario.

๐Ÿš€ If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile. ๐Ÿš€

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