ralis24

SOLANA - W

Long
PHEMEX:SOLUSD   None
W pattern on Solana

Suggests a break and hold over $230ish will lead to a measured move price target of $287ish

Consider using Parabolic Sar for stop loss targets.

Resistance areas at $245 and $258 may temporarily stall price momentum.

$258 is also the X_DEV price target for initiating a partial sell.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.