Solana (Sol) is Show signs of possible occurrence On the graph for 15 minutes, as the price procedures are shrinking in a more strict scope. This pressure is preceded by a big step, as the market participants are waiting to confirm the direction. The monotheism phase formed a broken broken structure, with the heights and lowest levels, indicating that the pressure is built under the surface.
The penetration structure is formed on a lower time frame
According to Andrew Davis mail On X, Solana witnessed a sharp sale for a short period Price Less than $ 142. However, the cryptocurrency quickly wore, indicating the purchase of strong cruelty and flexibility.
Soul turned back on a mark of $ 150, indicating signs of construction and momentum. This recovery indicates that the market absorbs the pressure pressure. If this bullish momentum continues, Seoul may be ready to make more gains.
GEMXBT Cross Analyst male Solana displays a descending triangle style on the graph for one hour, which is usually considered a declining continuous signal. It constitutes a descending triangle style as the price creates its highest level while keeping a relatively flat support area at $ 145, a main level that has been defended several times.
Despite the general structure in general, the graph has shown a bounce of this support, indicating a temporary reflection. On the upper side, the resistance is still near $ 155.
In order for Seoul to confirm a continuous reflection, it will need to be at this level, it is possible that it is It indicates a shift in market morale. More support for the idea of a possible reflection, Technical indicators reflect Excessive sale conditions, which indicate that the pressure pressure may be exhausted, which increases the possibility of recovery in the short term.
Giottus Crypto also exchange subscriber Vision around the Solana Prices Brick, with the upscale consensual pattern of the emerging shark on the graph for 4 hours. It analyzes that point D of the shark style that may agree with the extension of 1.618 BC Vibiboni, and fell at $ 147.
This region is a possible reflection area. The presence of this consensual pattern in a decisive extension, along with the price movement, indicates that the bullish reflection may be underway. If this style continues, the bullish trend goals will be offered in the range of $ 180 to $ 190.
Solana tests a wedge resistance as
Sol’s expected bullish step seems to be very possible. What_crypto_trading also outline Solana shows signs of an outbreak, as he approaches the upper limits to form a wided graphic wedge for 4 hours. A pattern characterized by different directional lines often It indicates an increase in volatility And uncertainty, but it also tends to precede the explosive price as soon as the outbreak occurs.
Sol is integrated under the resistance of Wedge, while tightening the movement of prices and its size in showing the building marks, Which can lead to a wave From the bullish momentum towards goals at $ 215, $ 228, $ 243, and $ 265.
Distinctive image from Adobe Stock, Chart from TradingView.com
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