🩸 $SOL TECHNICAL ANALYSIS — Rising Wedge Setup
$SOL is currently forming a rising wedge, with price approaching a major resistance zone.
🔴 Resistance Zones: (sell/short)
• $118–121
🟢 Support Zones: (buy/long)
• $108
• $100
A rejection from $118–121 could bring the lower support levels back into focus. A sustained breakout above the wedge would invalidate the bearish setup.
Trade Accordingly 👇🏻
$SOL is currently forming a rising wedge, with price approaching a major resistance zone.
🔴 Resistance Zones: (sell/short)
• $118–121
🟢 Support Zones: (buy/long)
• $108
• $100
A rejection from $118–121 could bring the lower support levels back into focus. A sustained breakout above the wedge would invalidate the bearish setup.
Trade Accordingly 👇🏻
