Get started

Triangle

ETHEREUM - Retest resistance before a possible declineBINANCE:ETHUSDT is trading within the range of 3050-3150, with a local and global bearish trend. The market is still waiting for positive drivers, and until they appear, it is possible to trade within the channels... Against the backdrop of a global downtrend, Bitcoin is forming a bullish wedge/ascending triangle, which in the current circumstances I consider to be a consolidation pattern before a possible liquidation and decline to 80-75K, which in general could trigger a decline across the entire market. Ethereum is forming a trading range against the backdrop of a local downtrend. Focus on trading boundaries, namely resistance at 3150 After a short squeeze and a price decline to 3060, a liquidity pool of 3060-3050 (area of interest for MM) has formed below the local level Resistance levels: 3150 - 3181 Support levels: 3083, 3056, 3000 A retest of 3150 and a lack of momentum may confirm the dominance of bears in the market, which in turn may form a false breakout of resistance and a reversal to the zone of interest and liquidity pool 3050. Best regards, R. Linda!
Short
by RLinda
9
GOLD - Consolidation near 4600. Breakout or correction?FX:XAUUSD has updated its ATH to 4600. A local range is forming, with growth potential, against the backdrop of escalating geopolitical risks and concerns about the independence of the Fed, which remain. Trump's consideration of military operations in Iran amid internal unrest and the tense situation in the Russia-Ukraine conflict (emergency UN Security Council meeting) create geopolitical risks. Questions for the Fed: A criminal investigation has been launched against Chairman Powell, heightening concerns about pressure on the central bank's independence. US employment data (NFP) for December (+50K) was weaker than expected, supporting expectations of Fed policy easing. Attention is shifting to December inflation data (CPI), which will assess the likelihood of a rate cut in March (current probability ≈30%). The correction may continue, but the combination of risks and soft monetary policy creates medium-term support for further growth. Resistance levels: 4600, 4625, 4650 Support levels: 4561, 4550, 4517 Since the opening of the session, gold has exhausted its intraday ATR reserve, which creates additional opportunities for consolidation or correction, within which the market may test key support zones, such as the previous ATH, before continuing to grow. A long squeeze of the specified support may provide the market with liquidity for further growth. However, an aggressive market could trigger a breakout of 4600 without correction... Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
12
USDJPY - Consolidation may turn into upward distribution FX:USDJPY is storming the resistance zone of the current consolidation. Focus on 157.88, a breakout of the current border could trigger an upward movement... The Japanese yen is testing the intermediate bottom, hinting that the currency is preparing to continue falling. Against the backdrop of a weak yen and a strong dollar, the currency pair may continue its upward trend. Retesting resistance, the reaction from the bears is weakening, and the bulls are trying to keep the price above 157.88. If there is no reaction (pullback), then growth may continue from the 157.15 - 157.88 zone, provided that the price closes above the level. Resistance levels: 157.88 Support levels: 157.15, 156.18 Technically, against the backdrop of an uptrend, consolidation is forming, within which the market is not updating local lows, but is gradually contracting towards resistance at 157.88. There is a high probability of a breakout (possibly after a slight correction to local support). Nearest targets: 160.0 - 161.5 Best regards, R. Linda!
Long
by RLinda
1
Selena | XAUUSD – M30 | Ascending Channel Under HTF ResistancePEPPERSTONE:XAUUSD Despite bullish momentum inside the channel, price remains below the recent swing high and HTF resistance. This keeps the structure conditional, with continuation dependent on a confirmed break in market structure. Key Scenarios ✅ Bullish Case (Conditional) – Strong reaction from channel support – M30 close above 4495 → Bullish BOS confirmed 🎯 Target 1: 4525 🎯 Target 2: 4550 (Range High / Liquidity) 🎯 Target 3: ATH expansion Despite bullish momentum inside the channel, price remains below the recent swing high and HTF resistance. This keeps the structure conditional, with continuation dependent on a confirmed break in market structure. Key Scenarios ✅ Bullish Case (Conditional) – Strong reaction from channel support – M30 close above 4495 → Bullish BOS confirmed 🎯 Target 1: 4525 🎯 Target 2: 4550 (Range High / Liquidity) 🎯 Target 3: ATH expansion ❌ Bearish Case – Failure to hold channel support – Acceptance below 4420 🎯 Downside: 4380 → 4320 Current Levels to Watch Resistance 🔴: 4495 Support 🟢: 4420 Invalidation ❌: M30 close below channel ⚠️ Disclaimer: This analysis is for educational purposes only. Not financial advice. ❌ Bearish Case – Failure to hold channel support – Acceptance below 4420 🎯 Downside: 4380 → 4320 Current Levels to Watch Resistance 🔴: 4495 Support 🟢: 4420 Invalidation ❌: M30 close below channel ⚠️ Disclaimer: This analysis is for educational purposes only. Not financial advice.
FOREXCOM:XAUUSDLong
by Gold-Thoughts-by-Selena
12
XAUUSD Long: Demand Defended - Bulls Prepare for Push To $4,530Hello traders! Here’s a clear technical breakdown of XAUUSD (3H) based on the current chart structure. Gold is trading within a well-defined ascending channel, confirming sustained bullish control and a strong trending environment. Price has consistently respected both the channel support and resistance, forming higher highs and higher lows. This structure highlights healthy momentum rather than an exhausted move. Earlier, XAUUSD pushed into the Supply Zone around 4,500–4,530, where selling pressure appeared and price experienced a sharp rejection. This rejection led to a corrective pullback, during which price briefly broke below short-term structure before finding support at the Demand Zone near 4,400. This area aligns with the channel support and acted as a key reaction level. Within the pullback, price formed a Head and Shoulders–type corrective pattern, which completed near demand. Instead of continuation lower, sellers failed to follow through, and buyers stepped in aggressively. Price reclaimed structure with a clean breakout back above local resistance and the rising Demand Line, signaling that the move lower was corrective rather than a trend reversal. Currently, XAUUSD is holding above the 4,400 Demand Zone and continues to respect the ascending channel. Price is consolidating and building higher lows, suggesting accumulation before the next impulse. My scenario: as long as Gold holds above the demand zone and the rising demand line, the bullish structure remains intact. I expect buyers to defend this area and push price toward the 4,530 Supply Zone (TP1). A clean breakout and acceptance above supply would confirm bullish continuation and open the door for further upside expansion. However, a decisive breakdown below the demand zone would weaken the structure and increase the risk of a deeper correction. For now, the trend favors the bulls, with demand holding and momentum gradually rebuilding. Manage your risk!
FOREXCOM:XAUUSDLong
by heniitrading
13
BTCUSDT: Consolidates Above Support, Bulls Preparing Next MoveHello everyone, here is my breakdown of the current BTCUSDT setup. Market Analysis BTCUSDT previously traded inside a well-defined range, where price moved sideways for an extended period, indicating balance and accumulation between buyers and sellers. This consolidation phase ended with a clean breakout to the upside, confirming a shift in market control toward buyers. Following the breakout, price respected a rising trend line, forming higher highs and higher lows, which validated a bullish market structure. As BTC continued higher, it reached a key Resistance Zone around 91,700, where selling pressure appeared. Price reacted from this area and pulled back, but the move remained corrective rather than impulsive. During the pullback, BTC found support at the Support Zone near 90,100, which aligns with previous breakout structure and the rising trend line. At the same time, price is trading below a descending triangle resistance line, suggesting compression and preparation for a directional move. Currently, BTC is holding above the support zone and the ascending trend line, while consolidating below resistance. This structure suggests buyers are still defending the market, and the overall bullish bias remains intact as long as support holds. My Scenario & Strategy My primary scenario: as long as BTCUSDT remains above the 90,100 Support Zone and continues to respect the rising trend line, the bullish bias remains valid. I expect buyers to defend this area and attempt a breakout above the 91,700 Resistance Zone, which would open the door for continuation toward higher levels. However, a decisive breakdown below support and the trend line would weaken the bullish structure and increase the probability of a deeper corrective move. Until that happens, price action favors consolidation followed by potential upside continuation. That's the setup I'm tracking. Thank you for your attention, and always manage your risk.
Long
by Ratner
26
Sell-Side Bias Favored at Daily PremiumDAILY 4H Price is currently trading into daily premium and interacting with buy-side liquidity near the recent highs. While a 4H CHoCH has formed, the displacement occurred directly into prior supply without clear acceptance. Until the daily closes strong above the highs, upside continuation remains unproven. Failure to hold above the broken high would increase the probability of this move resolving as a buy-side liquidity sweep, opening the door for downside rotation toward sell-side liquidity near 154.50. Bias favors the sell scenario unless daily acceptance confirms otherwise.
by nazariteee
2
SILVER (XAGUSD): Waiting for Breakout I see a bullish accumulation pattern on Silver on a daily time frame. The price is currently testing a significant horizontal resistance based on a current ATH. Its breakout and a daily candle close above 84.0 level will provide a strong signal to buy. I will expect another wave up then at least to 90.0 level. ❤️Please, support my work with like, thank you!❤️ I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
TRADENATION:XAGUSDLong
by VasilyTrader
3
APLD: Momentum Confirms Triangle BreakoutAPLD - CURRENT PRICE : 37.68 APLD Breaks Symmetrical Triangle – Momentum Confirms Trend Continuation Applied Digital Corporation (APLD) continues to trade within a strong long-term uptrend, with price holding well above the rising EMA 200 , signaling sustained institutional support and a structurally bullish market environment. From a price-structure perspective, APLD has broken out of a bullish symmetrical triangle , supported by clear volume expansion, confirming genuine buying interest rather than a false breakout. This pattern reflects a period of healthy consolidation before trend continuation, with price now attempting to resume its prior upside trajectory. Momentum further reinforces the bullish setup. The three highlighted green vertical lines mark previous instances where RSI crossed above 70, and in each case, price continued to rise afterward, demonstrating that overbought readings in this stock have historically acted as trend-confirmation signals rather than reversal warnings. RSI has once again moved above 70, aligning with the current breakout and strengthening the case for continued upside. Based on the technical structure, the first upside target is $47, while the second target at $58 represents the x-to-x measured move of the symmetrical triangle . On the downside, $28 remains the key support and invalidation level. As long as price holds above this level and the EMA 200, the technical bias remains firmly bullish, with pullbacks viewed as opportunities within an ongoing uptrend. ENTRY PRICE : 35.00 - 37.68 FIRST TARGET : 47.00 SECOND TARGET : 58.00 SUPPORT : 28.00 Notes : On 09 Jan 2026, major Wall Street analysts update their ratings for Applied Digital Corporation (APLD), with price targets ranging from $40 to $58. (Source: moomoo)
NASDAQ:APLDLong
by IMRAN_96
7
XAUUSD: Descending After Fake Breakout - Bears in ControlHello everyone, here is my breakdown of the current XAUUSD setup. Market Analysis XAUUSD initially spent a prolonged period trading inside a well-defined range, where price respected clear support and resistance boundaries. This range reflected market indecision, with neither buyers nor sellers able to gain sustained control. Eventually, price broke out to the upside, confirming bullish intent and triggering a strong impulsive rally. Currently, after the rejection, price broke back below short-term structure and started forming a descending triangular structure, defined by a clearly respected descending resistance line. Each bullish attempt toward this trendline has been rejected, signaling that sellers remain in control. At the same time, price is gradually rotating lower toward the 4,350 Support Zone, which previously acted as a key demand and breakout area. My Scenario & Strategy My primary scenario: as long as XAUUSD remains below the 4,490 Resistance Zone and continues to respect the descending resistance line, the bearish bias remains valid. Rejections from this trendline favor further downside continuation toward the 4,350 Support Zone, which is the first major downside target. If price breaks and accepts below the 4,350 Support Zone, this would confirm bearish continuation and open the door for a deeper corrective move toward lower support levels. However, if buyers manage to reclaim the descending resistance line and achieve a clean breakout and acceptance above the 4,500 resistance area, the short bias would be invalidated and the market could transition back into bullish continuation. For now, structure favors sellers, momentum is weakening near resistance, and price remains capped below key supply. That's the setup I'm tracking. Thank you for your attention, and always manage your risk.
FOREXCOM:XAUUSDShort
by Ratner
24
BTCUSD Holds Buyer Zone - Bulls Target 91,500 ResistanceHello traders! Here’s my technical outlook of BTCUSD (2H) based on the current chart structure. BTC previously traded inside a well-defined range, where price moved sideways for an extended period, showing balance between buyers and sellers. This consolidation acted as an accumulation phase. A strong breakout to the upside from the range confirmed renewed bullish interest and initiated an impulsive move higher. Following the breakout, price respected a rising Support Line, forming a sequence of higher highs and higher lows, which confirms a bullish market structure. As BTC pushed higher, it reached the Seller Zone / Resistance Level around 91,500, where selling pressure emerged. Price reacted from this level and pulled back, indicating that sellers are actively defending this resistance. The pullback, however, remained controlled and corrective, with price returning toward the Buyer Zone, which aligns with a key Support Level around 89,200–90,000 and the rising support trend line. Currently, BTC is holding above the Buyer Zone and the ascending support line, showing that buyers are still defending structure. The recent price action suggests consolidation rather than a breakdown, keeping the bullish scenario valid as long as support holds. My scenario: as long as BTCUSD remains above the Buyer Zone and respects the rising Support Line, the bullish bias remains intact. I expect buyers to defend this area and attempt another push toward the 91,500 Resistance Level (TP1). A clean breakout and acceptance above resistance would confirm bullish continuation and open the door for further upside. However, a decisive breakdown below the Buyer Zone would weaken the structure and increase the probability of a deeper corrective move. For now, price is at a key decision area, and patience with proper risk management is essential. Please share this idea with your friends and click Boost 🚀
THINKMARKETS:BTCUSDLong
by LegionQ8
19
XAUUSD Rising Support Holds - Next Target 4,500 ResistanceHello traders! Here’s a clear technical breakdown of XAUUSD (4H) based on the current chart structure. After a prolonged consolidation phase, Gold was trading inside a well-defined range, indicating balance between buyers and sellers. This range acted as an accumulation zone before price initiated a bullish expansion. Following the breakout from the range, XAUUSD entered an ascending channel, confirming a shift toward buyer control with a sequence of higher highs and higher lows. During this phase, price respected both the channel support and resistance lines, using them as dynamic structure levels. As price approached the upper boundary of the channel and the Resistance / Seller Zone around 4,500–4,510, bullish momentum started to weaken. Multiple fake breakouts above resistance signaled strong selling pressure at the highs. This led to a sharp corrective move lower, where price broke below short-term structure before finding support. Currently, XAUUSD is holding above the Buyer Zone around 4,400, which aligns with a key Support Level and a prior breakout area. Price has already shown a reaction from this zone and is now forming higher lows along a newly respected rising support line, suggesting buyers are attempting to regain control. The recent breakout back above local resistance reinforces the idea of a corrective pullback rather than a full trend reversal. My scenario: as long as XAUUSD holds above the 4,400 Buyer Zone and respects the rising support line, the bullish bias remains valid. I expect buyers to defend this area and attempt another push toward the 4,500 Resistance / Seller Zone (TP1). A clean breakout and acceptance above this level would confirm bullish continuation and open the path for further upside. However, a decisive breakdown below the buyer zone would weaken the structure and increase the risk of a deeper correction back toward lower support levels. Please share this idea with your friends and click Boost 🚀
FOREXCOM:XAUUSDLong
by LegionQ8
22
ETH: Symmetrical Triangle ScenarioETH is trading inside a daily symmetrical triangle: lower highs from $3,300–$3,350 and higher lows from $2,850–$2,900. Liquidation heatmaps show over 1B USD in liquidations stacked both above and below price, so a break of structure can move fast. 📈 Long Idea – Trade the Upside Break - Trigger: Daily close above 3,300 (triangle resistance and recent supply). - Entry: Breakout close or retest of $3,300 as support with bullish reaction. - Invalidation: Close back inside the triangle / below ~$3,150 - Targets: - T1: $3,500–$3,600 - T2: $3,900–$4,000 on a full triangle measured move and short squeeze. 📉 Short Idea – Trade the Downside Break - Trigger: Daily close below $2,900 (triangle support). - Entry: Breakdown close or bearish retest of $2,900 from below. - Invalidation: Reclaim and close back above $3,000 (bear trap). - Targets: - T1: $2,700–$2,600 - T2: $2,200–$2,300 if long liquidations cascade. 🧠 Key Trading Principles - React, don’t predict: Let a daily close outside the triangle pick direction; this avoids guessing inside the chop. - Expect volatility: With leverage heavy on both sides, post‑break moves can be unusually sharp, so size positions and stops accordingly.
BITSTAMP:ETHUSD
by FlorinCharts
19
GOLD - Storm 4475 ahead of the news. NFP aheadFX:XAUUSD is stabilizing at 4475 in a state of consolidation. However, ahead lie US employment data and the Supreme Court's decision on Trump's trade powers... Fundamentals: 60K new jobs are expected to be created in December, unemployment may fall to 4.5%, and wage growth to 3.6% y/y. As for the Supreme Court, it will decide whether Trump can impose tariffs without Congress' approval (IEEPA law). The market also continues to expect 2-3 interest rate cuts in 2026. Geopolitical tensions are supporting demand for defensive assets. Today, the market is waiting for NFP. Strong data will lower expectations of Fed easing, strengthen the dollar, and put pressure on gold (to $4300), but weak NFP data will reinforce bets on rate cuts and support gold (to $4550). The court's decision on tariffs will affect trade policy and the dollar. Resistance levels: 4475, 4500, 4525 Support levels: 4460, 4442, 4427 A breakout and consolidation above 4475 could open the way to 4500, a breakout of which could trigger a rally to 4525-4550, but given the volatility of the news, the market may test the support zone before a possible rise. Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
18
ETERNAL is compressing under a major supply zone.ETERNAL (Zomato) Daily Chart Validating this strictly against my breakout framework: Flat resistance: ₹286–288 Touched 4+ times → strong supply zone Rising trendline: ₹272 → ₹276 → ₹280 → ₹282 → higher lows Buyers stepping in earlier each time Price is compressing into resistance. Apex not reached yet. Pressure building. This is a textbook ascending triangle. No breakout yet. Today’s high was ₹292 but close is still below resistance. Real confirmation happens only on a daily close above ₹291 with volume. Triangle height ≈ ₹16 Breakout projection → ₹304+ Watching this for a clean expansion move. #ETERNAL #Zomato #NSE #TechnicalAnalysis #Breakout This is for educational purpose. Do your research before you invest.
NSE:ETERNALLong
by Mujadid
Nifty Defence Index is poised for a potential breakout Nifty Defence Index is poised for a potential breakout from a symmetrical triangle within a sustained uptrend channel, supported by recent geopolitical developments and pre-budget optimism that could further fuel upside momentum. 📊 Technical Setup: Bullish Continuation Potential Price Action: The Nifty India Defence Index is currently trading near ₹7,891.65, showing signs of consolidation within a well-defined symmetrical triangle pattern. This formation is nested inside a broader ascending channel, indicating a long-term bullish structure. Support Confirmation: Recent candles suggest that price is respecting the lower boundary of the channel, reinforcing it as a dynamic support zone. Momentum Indicators: RSI readings across multiple timeframes (Weekly: 51.2, Monthly: 60.87) reflect neutral-to-positive momentum, with no signs of overbought conditions, leaving room for further upside. 📰 News-Driven Catalysts: Budget Optimism & Geopolitical Tailwinds Recent developments have added fuel to the technical setup: Pre-Budget Rally: Defence stocks like BEL, HAL, BDL, and Mazagon Dock have rallied up to 5% in early January 2026, driven by expectations of increased capital allocation in the upcoming Union Budget. Geopolitical Escalation: The announcement of Operation Absolute Resolve and rising US-Venezuela tensions have triggered a global defence sector rally. Domestic players such as MTAR Technologies and Solar Industries surged over 6% and 3% respectively, pushing the Nifty Defence Index to a one-month high. Policy Support: Fresh procurement approvals and a strategic push toward indigenous defence exports have reinforced investor confidence. 🔮 Forward Outlook: What to Watch Factor Impact on Price Commentary Triangle Breakout Bullish A breakout above the triangle’s upper trendline could trigger a sharp rally toward the channel’s upper boundary. Budget 2026 Bullish Higher defence spending could act as a fundamental catalyst for sustained upside. Global Tensions Bullish Continued geopolitical uncertainty may increase demand for defence assets. RSI & Volume Neutral to Bullish RSI levels are constructive; watch for volume expansion on breakout confirmation. 🧭 Strategic Takeaway If the index breaks above the triangle with volume confirmation, it could initiate a fresh leg toward ₹8,200–8,400, aligning with the channel’s upper resistance. Conversely, failure to hold the channel bottom (~₹7,700) may invite short-term consolidation. Traders should monitor budget announcements and global headlines closely, as they could act as immediate triggers.
NSE:NIFTY_IND_DEFENCELong
by TechnicalAnalystSucrit
EURUSD Long: Compression Near Key Zones Signals Upcoming MoveHello traders! Here’s a clear technical breakdown of EURUSD (1H) based on the current chart structure. EURUSD previously traded within a well-defined ascending structure, respecting a rising trend line that acted as dynamic support during multiple pullbacks. This bullish phase showed consistent higher lows, confirming buyer control. After the impulsive upside move, price entered a consolidation range, highlighted on the chart, where buyers and sellers temporarily reached equilibrium. From this range, EURUSD executed a bullish breakout, confirming continuation and pushing price toward the upper structure. However, as price approached the Supply Zone around 1.1720–1.1750, bullish momentum started to fade. Multiple reactions, including fake breakouts and rejections near the pivot point, clearly signal strong selling pressure in this area. A descending Supply Line now caps price, reinforcing bearish pressure from above. Currently, on the downside, price recently swept below short-term support, forming a fake breakout into the Demand Zone around 1.1670, which aligns with an ascending Demand Line. The quick recovery from this area suggests active buyers defending demand and preventing deeper downside for now. Currently, EURUSD is compressing between demand support and descending supply resistance, indicating a tightening structure and an upcoming directional move. My scenario: as long as EURUSD holds above the 1.1670 Demand Zone and respects the rising demand line, a corrective bounce toward the 1.1710–1.1720 Supply Zone is possible. This area remains a key decision point. A strong rejection there would favor renewed bearish continuation, while a clean breakout and acceptance above supply would invalidate the bearish pressure and open the door for bullish continuation. Manage your risk!
Long
by heniitrading
15
EURUSD Rejection From Key Resistance, Target 1.1640Hello traders! Here’s a clear technical breakdown of EURUSD (1H) based on the current chart structure. After a strong bullish impulse earlier, EURUSD transitioned into a corrective phase and started trading inside a well-defined descending channel, indicating controlled bearish pressure rather than an aggressive sell-off. Price respected both the channel resistance and channel support, confirming the validity of this corrective structure. On the left side of the chart, we can see a breakout from a prior consolidation, followed by an impulsive bullish move. This rally eventually stalled and turned around near the upper highs, where selling pressure emerged and pushed price into the descending channel. During this phase, multiple reactions from the channel boundaries showed balanced participation from both buyers and sellers. As price moved lower, it approached the highlighted Seller Zone / Resistance Level around 1.1680. A short-term fake breakout above channel resistance occurred, but buyers failed to hold acceptance above it, signaling that sellers are still active at higher levels. Price then continued lower within the channel. The primary bearish scenario comes into play if EURUSD fails to hold above the 1.1680 Resistance / Seller Zone and shows clear rejection from this area. This zone aligns with the descending channel resistance, making it a high-probability area for sellers to step in. If price retests the 1.1680–1.1700 resistance area and forms bearish rejection signals (long upper wicks, bearish engulfing candles, or failure to hold above channel resistance), it would confirm that the move higher is corrective in nature. In this case, sellers are likely defending the structure and maintaining overall bearish control. Once rejection is confirmed, I expect price to resume its move lower inside the descending channel, targeting the 1.1640 Buyer Zone / Support Level as the first downside objective (TP1). A clean break and acceptance below this support would strengthen bearish momentum and open the path toward lower support levels, extending the correction further. However, if price breaks and holds above the descending channel resistance and the 1.1700 level, the short scenario becomes invalid, signaling a potential trend shift or deeper bullish continuation. For now, the market remains in a corrective bearish structure, and shorts are favored on pullbacks into resistance, as long as price stays below the key resistance zone. Please share this idea with your friends and click Boost 🚀
Short
by LegionQ8
10
SOLANA - retest resistance of the trading range BINANCE:SOLUSDT has been rising since the session opened amid a weak market. The altcoin is showing bullish momentum in a predominantly bearish market, with a focus on the 145.0 zone. Bitcoin is rebounding from resistance amid a global downtrend. There is currently no bullish potential (across the entire market), which is putting pressure on altcoins overall. SOL, against the backdrop of a neutral market, is seeking to test the resistance zone of 144.7 - 146.0 - a key liquidity zone that plays an important role for MM in the current circumstances. A short squeeze and the formation of a reversal pattern could shift the imbalance towards sellers, which in turn could lead to a decline. Resistance levels: 143.4, 144.7, 146.0 Support levels: 134.3, 127.55 Solana is trading in a neutral trading range of 145.0 - 123.0. The main trend is bearish. The bullish run and retest of resistance can be perceived as a hunt for liquidity. We are interested in the above-mentioned resistance zone and confirmation in the form of a false breakout to enter the market. Best regards, R. Linda!
Short
by RLinda
2