SOL will drop again.
Hello to all my friends who looking for my SOL update. From my previous SOL updates, I don’t suggest on opening any position. But now, I see chances.
Let’s read from the chart together. The first important thing that showed in the chart is MACD creating a divergence obviously. Second, the volume isn’t supporting for SOL to continue raise. And last, we can see there’s a small resistance for SOL around 108-110 area.
In this case, we can prepare for opening short trade. For my suggestion, we can open short at any price within 109-110. If you’re want to open short at current price, please calculate your risk and SL carefully. SOL may still raise a little bit to 112, so you have to bear with the risk if you open at current price.
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