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Technical analysis by SFM_Danny about Symbol SOL on 4/10/2025

https://sahmeto.com/message/3404476
SFM_Danny
SFM_Danny
Rank: 16616
1.4

SOL dead cat bounce?

:Neutral
Price at Publish Time:
$111.34
،Technical،SFM_Danny

We saw a very successful bounce from the bottom of the golden pocket thanks to the 90-day tariff pause announcement, however we have stayed inside the downtrend pattern which I have highlighted. We could see a slow and steady decline back towards the golden pocket area. The theory here is that if we bounce again, we would be looking at a double bottom which is a bullish signal. Let's see how it goes. Feel free to let me know your thoughts.

Source Message: TradingView
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