SOL is fighting to break the first resistance.
SOL / TetherUS BINANCE:SOLUSDT
Hello everyone, let’s take a look at the SOL to USDT Chart on the 1H Interval. As you can see, price is moving above the local uptrend line.
Let’s start with the line of support and as you can see, the first support is $ 106.36, while the next support is $ 100. 40 USD and $ 95.6.
Now let’s move from the resistance line as you can see the first resistance is $ 116.48 which price is currently struggling with, the next resistance will be at $ 126.59 and $ 140.41.
Looking at the CHOP indicator , we can see that most of the energy in the 1H interval has been used up.
