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Technical analysis by FieryTrading about Symbol SOL: Buy recommendation (8/31/2024)

https://sahmeto.com/message/2575046
FieryTrading
FieryTrading
Rank: 6928
1.5
:Buy
Price at Publish Time:
$138.06
Buy،Technical،FieryTrading

SOL has been trading inside this triangle pattern since practically forever. I'm not calling for a bearish move here, I'm only sharing my view from where I will enter if we continue to go down.The bottom support has been holding on 4 seperate ocassions, my assumption is that it requires a lot of power to fall through, since bulls will be buying from there.Ideally, SOL will move back up to the top resistance, or even better break out of it.

Source Message: TradingView
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