SOL – Outlook – Trade Setup ✅
SOL / TetherUS BINANCE:SOLUSDT
Let’s see how SOL is behaving.
This is a 4H chart. (Mid Term)
Here is your trade setup:
Open your short positions once the price drops under the green local support area .
And open your long positions once the price passes the orange local resistance level .
Wait for confirmation before opening positions.
The RSI shows that SOL is below the 50 levels, the center.
If you want to know how the RSI indicator works, take a look at this Educational Idea. It’ll help you have better readings:
Current Market Price: $81.97
Let me know your ideas.
Good luck.
