$SOL
The price rebounded from the 50% Fibonacci retracement level and has now reached the downtrend line. Any break above this line will be the first signal indicating a possible shift in momentum in favor of buyers.
But as long as the price remains below $98.26, the bearish outlook is still in place, with the possibility that the decline may continue.#KoreaToImplementVirtualAssetEnforcementRulesOct1 SpotGoldTops$4200#SamsungToRaiseDRAMPricesAbout20%InQ3 #OPECRaisesAugustOutputBy188000Bpd
The price rebounded from the 50% Fibonacci retracement level and has now reached the downtrend line. Any break above this line will be the first signal indicating a possible shift in momentum in favor of buyers.
But as long as the price remains below $98.26, the bearish outlook is still in place, with the possibility that the decline may continue.#KoreaToImplementVirtualAssetEnforcementRulesOct1 SpotGoldTops$4200#SamsungToRaiseDRAMPricesAbout20%InQ3 #OPECRaisesAugustOutputBy188000Bpd
