Technical analysis by alibfx about Symbol SOL: Sell recommendation (11/19/2024)

https://sahmeto.com/message/2982570

alibfx

Rank: 15573

Analytical Power:

1.3

🚨 Bearish Divergence 🚨Solana is showing signs of exhaustion near $260–$311.🔹 Rising wedge pattern adds downside risk.🔹 Key supports: $193, $155, $114.If Solana fails to break above $260, a move below $193.34 could confirm a bearish trend. Manage positions wisely.

Translated from: English

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Signal Type: Sell

Source Message: refrence

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Time Frame:

1 week

Profit Target:

$193

First Resistance:

$260

Price at Publish Time:

$239.94

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