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Technical analysis by AliferCrypto about Symbol SOL on 5/30/2025

https://sahmeto.com/message/3563737
AliferCrypto
AliferCrypto
Rank: 208
3.3
،Technical،AliferCrypto

SOLUSDT appears to be forming a rectangle, clearly visible on the 4H chart.Key Levels to Watch• $160: Support• $185: ResistanceMeasured TargetsActivated, respectively, with a 4H close with good volume below support or above resistance.• $135: Rectangle Short Target• $210: Rectangle Long TargetSOL cleanly broke below support and the 1-year EMA, activating the $135 short target.If support is quickly reclaimed this could turn into a liquidity grab deviation, but for the time being it seems more likely for it to continue downwards.

Translated from: English
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Signal Type: Neutral
Time Frame:
4 hours
Price at Publish Time:
$163.6
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