Support and Resistance Area: 140.88-146.69

Hello, traders!

Follow us to get the latest information quickly.
Have a great day!

-------------------------------------

(SOLUSDT 1D Chart)

SOLUSDT is entering a new phase with the emergence of the DOM(60) and HA-High indicators.

Accordingly, the key question is whether the price can rise while gaining support near the 140.88-146.69 level.

If not, it could fall below the 128.66-133.39 level and set a new low.

A decline below the M-Signal indicator on the 1M chart is highly likely to trigger a downtrend, so caution is advised when trading.

Therefore, we should set a buy point when the price rises above the M-Signal indicator on the 1M chart and maintains its level.

Since BTCUSDT's volatility period is around January 20th, we should monitor whether the price can rise above the M-Signal indicator on the 1M chart after this period.

-
To continue the uptrend by breaking above a key point or level, the StochRSI, TC, and OBV indicators must show upward trends.

If possible,
1. The StochRSI indicator should not have entered an overbought zone. 2. The TC indicator should remain above the 0 level.
3. The OBV indicator should remain above the High Line.

Looking at the current auxiliary indicators, we can see that the conditions for a sustained uptrend are not met.

Therefore, we should examine whether the conditions for a sustained uptrend can be met around the 140.88-146.69 range.

-
Thank you for reading to the end.
We wish you successful trading.

--------------------------------------------------