SolanaShort
$SOL Short-Term Pain to $170-180
Solana Closed the Week below the 9WMA but above the 20.
The Week opened trading below the 20WMA and UpTrend it formed Since August 5, 2024.
SOL will most likely retest $170-180 region where it should bounce off the 50WMA. Closing a week or two below that might cause some concern. Will revisit next week.
Bull Case is that SOL closed above the .382 Fib and UpTrend so some bullish catalysts next week could spur a rally.
The Week opened trading below the 20WMA and UpTrend it formed Since August 5, 2024.
SOL will most likely retest $170-180 region where it should bounce off the 50WMA. Closing a week or two below that might cause some concern. Will revisit next week. Bull Case is that SOL closed above the .382 Fib and UpTrend so some bullish catalysts next week could spur a rally.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.