SOLUSDT.P Possible head and shoulders in the works?? keep your 👀 open, there may be a bounce at the first support at 199 invalidating the formation. Im short to 199 with trailing SL that will activate at 199 with a 0.25 drawdown.
SOLUSDT has arrived ahead of schedule and made its first touch of the trendline. In typical SOL fashion, I expect it to battle it out for a few days here before finding a direction. If I had to bet based on the chart, it would be short $210-215, long $180-186. If that fails, SOL has entered a downtrend toward $150-155, IMO.
SOLUSDT Next Resistance $217 if this breakout and holding with strong buying pressure it go up next resistance $233 if it breaks $250 if it again breakout $275 if this breakout $300 if it breakout again ALTH 👀📈
SOLUSDT Solana continues to maintain a steady uptrend as market sentiment around high-performance blockchain projects strengthens. Investor confidence remains solid, supported by the network’s growing ecosystem, scalability, and active developer engagement.