Currently in an overbought state for an extended period, the coin hints at an impending corrective move. If the overbought conditions lead to a reversal, we may expect SOL to visit the first support level. A further decline could bring into play the second support, which seems more probable given the setup.
We see that 1 Month RSI has been in overbought zones and no major corrections were during that day (which is strange) - we are looking here for a potential good short setup to happen soon!!
Swallow Team
We see that 1 Month RSI has been in overbought zones and no major corrections were during that day (which is strange) - we are looking here for a potential good short setup to happen soon!!
Swallow Team
Nota
After 10% of dump on the coin the RSI has normalized, suggesting the market could be cooling off from its recent highs.
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🚨 Authentic Traders
⚡️ Short-Term + Mid-Term Trades
Keep an eye on us and you will not regret it. 😉
Telegram: t.me/+fiEDSn7M9pJkODA0
⚡️ Short-Term + Mid-Term Trades
Keep an eye on us and you will not regret it. 😉
Telegram: t.me/+fiEDSn7M9pJkODA0
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.