Yuriy_Bishko

SOL, will this level withstand resistance?

Short
BINANCE:SOLUSDT   SOL / TetherUS
The SOL is inside a large value area between the $80-105 levels. The important key levels are the upper and lower boundaries of the range. At the moment, the price has tested the lower boundary of the trading range as support.

Price squeezing and breakout of the lower boundary of the trading range may be a good opportunity to sell. In case of a false breakout it is worth to open a position in the opposite direction.

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P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.

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