SOL/USDT Analysis Update ππ
WHATS UP GUYS!
In the last analysis that I posted a Long signal for SOLANA , it was be able to rise and reach my second tp and even went beyond ( > 500 % long (1X) π―π° ).
So today we can see the pair of SOLUSDT in the Daily timeframe it has entered a strong bearish phase same as Bitcoin ,ETH and other altcoins , and I expect more decline in the Mid-term or long-term !
but it doesn’t mean we cant see any rise in the short term for sol/usdt , so today it reached a strong support zone thus it can start to rise from here and reach the higher EMAs or upper band of descending channel or even reach the higher resistance zone , but in this case I consider it as a pullback to higher key levels in this current situation and then it’ll fall again.
so we cant predict the bottom of the sol for now , it maybe the support zone and start the next rally from there or maybe the lower support lines and it will fall more and chase the bars patterns as you can see !
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πThis analysis is my personal opinion ,not a financial advice ,so do your own research.
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