SolanaLong
Time to Enter SOL Short-Term, Up to 5% Potential
Happy New Year, crypto and trading Triends!
I hope you celebrated well! Now it’s time to get serious. I see a short-term opportunity in SOL, with up to 5% upside potential. Here’s why:
SOL remains a fundamentally strong asset, and we’ve observed significant interest from major players, including ETF developments, which could inject fresh money and liquidity into the market.
That said, caution is key. This is a short-term play with a 5% upside potential in the coming week. If SOL doesn’t show upward movement within a day or two, this narrative could quickly lose its relevance, and the situation would need to be reassessed.
Stay tuned,
Mister iM
I hope you celebrated well! Now it’s time to get serious. I see a short-term opportunity in SOL, with up to 5% upside potential. Here’s why:
- Trading below all major moving averages: 50, 100, and 200-day.
- Positioned near the lower Bollinger Bands line, suggesting potential oversold conditions.
- Close to the bottom trendline, which could act as a critical support level.
SOL remains a fundamentally strong asset, and we’ve observed significant interest from major players, including ETF developments, which could inject fresh money and liquidity into the market.
That said, caution is key. This is a short-term play with a 5% upside potential in the coming week. If SOL doesn’t show upward movement within a day or two, this narrative could quickly lose its relevance, and the situation would need to be reassessed.
Stay tuned,
Mister iM
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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.