Market Analysis of SOLUSDT on Tuesday 27 AUGUST 2024

2024-08-27 19:15Fonte:BtcDana

Technical Analysis:

SOLUSDT is currently trading within a channel, and we are in a corrective pattern. The Fibonacci zone near the 153 - 150 area could serve as a potential buy zone. Until the price reaches this area, it's wise to wait for confirmation before considering any buying opportunities. The corrective wave is still in play, and we have not seen the end of it yet. A break above 158 will confirm a new impulse to the upside.

Disclaimer: Trading involves inherent risks and may not be suitable for everyone. Past performance is not indicative of future results. It is important to carefully consider your financial situation and risk tolerance before engaging in trading activities

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