Market Analysis of SOLUSDT on Wednesday 19 JUNE 2024

2024-06-19 18:27Source:BtcDana

SOLUSDT TECHNICAL ANALYSIS SHORT TERM VIEW

 SOLUSDT running in negative trend and its immediate strong resistance are 139.32 to 146.50 level .  Stop loss is 148 level and it can fall towards 118 level  positionally because of abc pattern formation .Intraday purpose selling is better for targets 138,137 and 135 levels respectively with stop loss138 level .

QUICK FUNDAMENTAL LOOK  

                                                           

When compared to Ethereum, Solana's performance in September revealed a distinct downward trend, suggesting that ETH was outperforming SOL.

POC = Risk is a part of trading, use caution when placing orders and take market advice only into account.

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