Technical analysis by CNxHoney about Symbol SOL: Buy recommendation (11/5/2024)

SOLUSDT is following a clean downtrend respecting a trendline now it can probably break the trend line so wait for it to tap the trendline again if it come down to make a higher low than break that higher high then you can take entry it will be good long setup, also sol has retracted to the fib level of 0.5 on daily there is a good continuation of up trend on higher time frames do your own research before taking any decision.