Helical_Trades

SOL/USDT : Formed a bearish pennant !

KUCOIN:SOLUSDT   Solana / Tether
SOLUSDT
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$SOL has formed a bearish pennant at current level, So the majority is with bears.
But as always; We have to be ready for both phase of market !
That's why I mentioned two trading setups on the chart.

- If we get the rejection below the pennant, Then I'll located my Short on a proper retest of marked blue zone and aim for $84 .
Trading Setup have been mentioned on chart !

- If we get the break-out above the pennant, Then I'll wait for another confirmation of break-out above the local S/R zone a $106; I'll locate my Long on a proper retest of broken S/R zone and aim for $19.5 .
Trading Setup have been mentioned on chart !

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@Helical_Trades

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