๐จATTENTION๐จ
$SOL technical analysis
โ๏ธ #solana is currently in the resistance area even though most altcoins are near the support level
โ๏ธ $SOL is currently forming a descending channel which is indicated by the orange diagonal line
โ๏ธ This is a suitable area if you trade futures and are looking for a short position. but remember to set a tight Stop Loss & use small leverage. Area 23 - 27 is a good entry area.
โ๏ธ It is not yet known what makes #solana rise, however, you need to be careful when trading short futures. because the rising sentiment is not yet known.
โ๏ธ If spot accumulation, it's better to be patient for Solana because it is currently in resistance
#dyor #sol #tradingStrategy
$SOL technical analysis
โ๏ธ #solana is currently in the resistance area even though most altcoins are near the support level
โ๏ธ $SOL is currently forming a descending channel which is indicated by the orange diagonal line
โ๏ธ This is a suitable area if you trade futures and are looking for a short position. but remember to set a tight Stop Loss & use small leverage. Area 23 - 27 is a good entry area.
โ๏ธ It is not yet known what makes #solana rise, however, you need to be careful when trading short futures. because the rising sentiment is not yet known.
โ๏ธ If spot accumulation, it's better to be patient for Solana because it is currently in resistance
#dyor #sol #tradingStrategy