Solana on the Edge: Critical Levels to Watch!

8月1日Yello Paradisers! Are you prepared for #Solana's next big move?

💎#Solana recently broke out from a descending resistance line after multiple attempts, backed by strong volume. This breakout signals a potential shift in market sentiment, but the journey ahead is packed with crucial levels that could dictate Solana's next direction.

💎SOLUSDT has established a strong demand zone around 162.25 - 154.94. The price has probability to retraces to this zone, which aligns with the 0.5 Fibonacci support level, we expect it to act as a launch-pad for the next upward move.

💎If the demand zone fails to hold, the price could drop to the next significant support around 132-125. This level is crucial as it might provide the necessary support for a bounce back to the resistance at 178.17.

💎On the upside, if the bulls maintain their momentum, the price will face resistance at 202.63 - 212.27. Breaking through this resistance could propel Solana to new highs.

💎A daily candle close below 115.69 will violate the support and likely reverse the trend. Traders should watch this level closely as it could signal a significant change in market dynamics.

Stay vigilant, Paradisers. The next moves in Solana could offer lucrative opportunities but also come with risks. Always follow your strategy and maintain disciplined trading practices.

Strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler. This is the only way you will make it far in your crypto trading journey. Be a PRO


MyCryptoParadise
iFeel the success🌴

8月7日

コメント

Boom ! After bloodbath in the market, the strongest coin that is #SOL is moved 23.78% as predicted

#SOLUSDT is now facing 0.55 fib resistance and a strong candle closing above that will overcome previous demand acting supply now , and will be facing Resistance levels

8月9日

トレード終了: 利益確定目標に到達

BOOM! #SOLUSDT as predicted move 30.19%, reached resistance and got rejected.