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Cryptocurrency News Articles

SOLUSDT (SOL) Is Gearing up to Be a Bullish Coin as Well

Nov 27, 2024 at 01:03 am

I see that SOL/USDT is forming a Falling Wedge pattern on the 15-minute time frame. If it breaks out above the resistance zone, there’s a high chance that SOL will start pumping soon

SOLUSDT (SOL) Is Gearing up to Be a Bullish Coin as Well

The 15-minute time frame shows that SOL/USDT is forming a Falling Wedge pattern. If it breaks out above the resistance zone, there’s a high chance that SOL will start pumping soon. This breakout would confirm the bullish trend, as it is a strong pattern for upward movement. The RSI is also showing signs of upward momentum, and it's consistently rejecting at the support line, which further signals that the buying pressure is increasing. I’m 99% confident that SOL is heading bullish, and the next target could be around the 253.69 zone. So, it's best to wait for the breakout and keep an eye on the RSI for confirmation. Keep a close watch on the market and be ready for potential gains!

On the 1D timeframe, TOTAL3 is forming a clear cup-and-handle pattern, a known bullish indicator. The breakout has already occurred, signaling strong upward momentum. RSI is also showing a bullish trend, further supporting the positive outlook. With TOTAL3 looking so strong, I’m 99% confident that SOL is gearing up to be a bullish coin as well. Everything aligns perfectly for a potential rally—this is an exciting time to watch the market!

SOL has huge future liquidity so that this coin will go upside at 236$ . according to my analysis. So i confirm that SOL is Bullish open a long position in SOL.

Entry: 229.74$ or Market Price

1st Tp: 236.29

2nd Tp: 243.93

3rd Tp : 252.67

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News source:www.binance.com

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