IkkeOmar

SOL going bullish on the mid-and long-term TPI

Long
BINANCE:SOLUSDT.P   SOL / TetherUS PERPETUAL CONTRACT
SOL exhibits strong bullish sentiment for both the 3D (Long-term) and 1D (Mid-term) TPIs:
which indicates promising growth potential that may fill the channel fib level at 1 (~34).

Furthermore, SOL is currently displaying signs of outperformance compared to ETH:
A green SOL/ETH color implies that SOL is surpassing ETH, and if the bullish trend persists, SOL may offer higher returns in the mid-term.

Assuming that the CPI does not significantly erode market participants' confidence, alternative cryptocurrencies (altcoins) are expected to experience further growth, and SOL may be an excellent investment opportunity in such a scenario.

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