$SOL A short-term opportunity has arrived
It has fallen 15% from its peak. Although we still can’t be sure this is the bottom, what we can tell at the moment is that there will be a one-hour rebound here, as well as a four-hour rebound off the zero line.
So 109 is a support level for now. If it doesn’t break below that, it should test around 112. By the time it reaches around 112, the four-hour trend will also be about to reverse.
It has fallen 15% from its peak. Although we still can’t be sure this is the bottom, what we can tell at the moment is that there will be a one-hour rebound here, as well as a four-hour rebound off the zero line.
So 109 is a support level for now. If it doesn’t break below that, it should test around 112. By the time it reaches around 112, the four-hour trend will also be about to reverse.