SOL / TetherUS PERPETUAL CONTRACT
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SOLANA → Pre-breakout consolidation relative to 136.00

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SOLUSDT relative to the range support forms a false breakdown. The market reacts quite positively and the price recovers, forming a consolidation in front of strong resistance

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Bitcoin is also in consolidation, as well as SOL, in general the movements coincide, but lately bitcoin is leading relative to the stock market.
SOL is in consolidation in front of a strong resistance level at 136.00. The primary test may end with a small correction to 0.5 fibo, or consolidation near the level, but a breakout and price consolidation above the current consolidation will be a positive signal for continued growth. The global trend reversal is out of the question, we are aiming at local targets, such as 140, 147, 152.

Resistance levels: 147,152
Support levels: 129, 123, 111


In general, the global market situation is bearish, the local situation is neutral as the price is in a sideways range. A false breakdown was formed against the support of the current range. Technically, due to liquidity imbalance (after the false breakdown) the price may head towards such zones as 147 - 152

Regards R. Linda!
トレード稼働中
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トレード終了: 利益確定目標に到達
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