$SOL $85 Support is Under Pressure
Because it has pulled back into the 61.8%-63% Fibonacci zone near $85 where it meets horizontal support. Buyers need to defend this area to give a short term recovery a chance to develop.
A sustained break below this band would shift my attention toward $74, the next major support zone around the 78.6% retracement.
Keep watching Market
Because it has pulled back into the 61.8%-63% Fibonacci zone near $85 where it meets horizontal support. Buyers need to defend this area to give a short term recovery a chance to develop.
A sustained break below this band would shift my attention toward $74, the next major support zone around the 78.6% retracement.
Keep watching Market
