I see two possible outcomes here. Either we hit resistance at 205 and bounce to 220ish area or we break resistance and head towards 198 before we make the next move up. NFA. Happy Trading!
Trade active
Looks to me it'll break 205. There is way too much liquidity below 205 for it to be ignored. I checked on coinank. coinank.com/zh/chart/derivatives/liq-heat-map/solusdt/1d
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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.