$SOL The daily chart has broken below the MA50 (109.116); the current price is 108.13.
The MA50 reflects the medium-term trend. After a break below it, the key is whether a rebound can reclaim the moving average. If it can't, the moving average shifts from support to resistance.
Don't make decisions based on just one indicator—volume and price structure matter too. What confirmation do you need before taking action?
The MA50 reflects the medium-term trend. After a break below it, the key is whether a rebound can reclaim the moving average. If it can't, the moving average shifts from support to resistance.
Don't make decisions based on just one indicator—volume and price structure matter too. What confirmation do you need before taking action?