Since this chart was shared in the intro, I thought I would put it here as well.
As you can see, there is a major area of former resistance that I am watching to be tested as support around $76 (that zone, not that specific price). I have had bids here for weeks, even when Solana was still well over $100, which I have shared.
These may not fill, but it does show the important of setting low ball bids on assets you want positions in, just in case you get a major dip or a huge wick down into a key area.
I shared a number of charts with key weekly levels of support and resistance. You can revisit any of them and see where support now exists.
As you can see, there is a major area of former resistance that I am watching to be tested as support around $76 (that zone, not that specific price). I have had bids here for weeks, even when Solana was still well over $100, which I have shared.
These may not fill, but it does show the important of setting low ball bids on assets you want positions in, just in case you get a major dip or a huge wick down into a key area.
I shared a number of charts with key weekly levels of support and resistance. You can revisit any of them and see where support now exists.
scott.melker@texaswestcapital.com