đ©ž $SOL TECHNICAL ANALYSIS â Rising Wedge Setup
$SOL is currently forming a rising wedge, with price approaching a major resistance zone.
đŽ Resistance Zones: (sell/short)
âą $118â121
đą Support Zones: (buy/long)
âą $108
âą $100
A rejection from $118â121 could bring the lower support levels back into focus. A sustained breakout above the wedge would invalidate the bearish setup.
Trade Accordingly đđ»
$SOL is currently forming a rising wedge, with price approaching a major resistance zone.
đŽ Resistance Zones: (sell/short)
âą $118â121
đą Support Zones: (buy/long)
âą $108
âą $100
A rejection from $118â121 could bring the lower support levels back into focus. A sustained breakout above the wedge would invalidate the bearish setup.
Trade Accordingly đđ»
