SOLUSDT ! Strong sales. Breaking the trend down. What's next?👾

19 Ağu 2022

SOLUSDT makes a false breakdown of resistance 47.5925 and breaks the global ascending price channel. Since the key points (local lows 34.65, 31.8) have not yet been broken through, there is a chance that this could be a deep false breakout.

The price may form a pullback to the resistance zone and here it will be necessary to follow the price behavior.

After the distribution a strong pullback, return of the price to the price channel and growth is possible. I stick to the short scenario: the price will roll back to the resistance area, consolidate under it and continue its fall in the global trend. The target is the support of 31.11.

Regards R.Linda!