$SOL Update
*Price:* $94.14 now, down 7.6% in 5 days
*Trend:* DOWN
- 5 red candles in a row
- Price is under all big averages ($98, $99, $103) - means sellers are strong
*RSI 31:* Almost oversold = People sold too much, can bounce soon to $96-$97, but still weak.
*Support:* $91.59 is low - if break that, next $88
*Resistance:* $98 is first wall to go up
*What to do with $6:*
- *Don't buy SOL now* - falling knife
- If you already have SOL, wait for bounce to $97 then sell
- BTC is safer than SOL this week
If SOL goes above $98 with big volume, then it's safe to buy again. Right now it's SELL signal.
Want buy signal alert for SOL?
*Price:* $94.14 now, down 7.6% in 5 days
*Trend:* DOWN
- 5 red candles in a row
- Price is under all big averages ($98, $99, $103) - means sellers are strong
*RSI 31:* Almost oversold = People sold too much, can bounce soon to $96-$97, but still weak.
*Support:* $91.59 is low - if break that, next $88
*Resistance:* $98 is first wall to go up
*What to do with $6:*
- *Don't buy SOL now* - falling knife
- If you already have SOL, wait for bounce to $97 then sell
- BTC is safer than SOL this week
If SOL goes above $98 with big volume, then it's safe to buy again. Right now it's SELL signal.
Want buy signal alert for SOL?
