SOLUSDT is in a continuous bearish trend, we have two scenarios.
1- If SOLUSDT breaks its previous lower high which is mentioned on the chart then we will buy it after the break of resistance. There is already a bullish divergence present on the 1H timeframe. If it respects the divergence then it will break its resistance and continue its bullish trend.
2- In the Second scenario, if SOLUSDT doesn't break its resistance and continues its bearish trend we will wait for the break of Support 1 and after the break of Support 1 we will short it till Support 2. Moreover, we can also expect a reversal from support 2.
HAPPY TRADING :)
1- If SOLUSDT breaks its previous lower high which is mentioned on the chart then we will buy it after the break of resistance. There is already a bullish divergence present on the 1H timeframe. If it respects the divergence then it will break its resistance and continue its bullish trend.
2- In the Second scenario, if SOLUSDT doesn't break its resistance and continues its bearish trend we will wait for the break of Support 1 and after the break of Support 1 we will short it till Support 2. Moreover, we can also expect a reversal from support 2.
HAPPY TRADING :)