From TradingView · · 30s
SOL short confirmation possible
SOL price shows another short confirmation opportunity near 100 USD.
In brief
SOL price shows another short confirmation opportunity near 100 USD. SOL price broke down to 104.93 USD after rejection at 109 USD, with target at 97 USD for further downside. Originally reported by TradingView.
SOL price action
SOL price broke down to 104.93 USD after rejection at 109 USD.
Short confirmation target
SOL targets 97 USD with critical support on daily chart.
Counter-scenario
SOL could form double bottom at 100 USD with strong buying momentum.
What it means
SOL price broke down to 104.93 USD after rejection at 109 USD, with target at 97 USD for further downside.
