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Technical analysis by colinallison about Symbol SOL: Buy recommendation (5/23/2024)

https://sahmeto.com/message/1861965
colinallison
colinallison
Rank: 20723
1.4
Buy،Technical،colinallison

SOL has formed a channel grinding higher. Expecting a quick drop to $163-$167 before bouncing up to $200-$210.The safest play is to not short the drop, but wait for the bounce and go long after the RSI & Money Flow Indicator trend upward again.

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Signal Type: Buy
Price at Publish Time:
$175.43
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