š©ø $SOL TECHNICAL ANALYSIS ā Rising Wedge Setup
$SOL is currently forming a rising wedge, with price approaching a major resistance zone.
š“ Resistance Zones: (sell/short)
ā¢ $118ā121
š¢ Support Zones: (buy/long)
ā¢ $108
ā¢ $100
A rejection from $118ā121 could bring the lower support levels back into focus. A sustained breakout above the wedge would invalidate the bearish setup.
Trade Accordingly šš»
$SOL is currently forming a rising wedge, with price approaching a major resistance zone.
š“ Resistance Zones: (sell/short)
ā¢ $118ā121
š¢ Support Zones: (buy/long)
ā¢ $108
ā¢ $100
A rejection from $118ā121 could bring the lower support levels back into focus. A sustained breakout above the wedge would invalidate the bearish setup.
Trade Accordingly šš»
