Will SOL overcome resistance despite the lack of energy?
Hello everyone, let's take a look at the SOL to USDT chart in 1 day. As you can see, price is moving above the local uptrend line.
Let's start with the line of support and as you can see the first support is $ 126.95, if the support breaks down, the next one is $ 117.11 and another one at $ 108.98.
Now let's move from the resistance line, as you can see, the first resistance is $ 139.79 which BNB is currently struggling with, if it can be broken, the next resistance will be $ 155.19 and another one at $ 177.02.
However, it is worth paying attention to the CHOP indicator which shows that the energy in the 1D interval has already been used.
Let's start with the line of support and as you can see the first support is $ 126.95, if the support breaks down, the next one is $ 117.11 and another one at $ 108.98.
Now let's move from the resistance line, as you can see, the first resistance is $ 139.79 which BNB is currently struggling with, if it can be broken, the next resistance will be $ 155.19 and another one at $ 177.02.
However, it is worth paying attention to the CHOP indicator which shows that the energy in the 1D interval has already been used.