SOLUSDT TECHNICAL ANALYSIS SHORT TERM VIEW
SOLUSDT trend is negative and its strong resistance area is 198 to 212 level . Stop loss is 220 level and it can continue its downtrend towards 175 level or lower levels in short term in form of wave 5 as shown in graph . Intraday purpose selling is better with stop loss 220 expecting targets 201, 199 and 196 respectively .
QUICK FUNDAMENTAL LOOK
Crypto analyst Trader Tardigrade has drawn the community’s attention to a bullish pattern that has formed for Solana. Based on this pattern, the analyst predicted that SOL could witness a parabolic rally to a new all-time high (ATH) and provided a target that the crypto could reach.
POC = Risk is a part of trading, use caution when placing orders and take market advice only into account .