$SOL - Price analysis: [MID TERM VIEW] đ
-The daily price is bearishđ
-For the moment, the $120.00 support zone is holding and the price is trading at the bottom of the daily range [accumulation phase].
-If we zoom in on the weekly view, the latest weekly close is not good and has broken the T/K zone again! â ïž
-The price is also forming a double top in this area! [W]
-There have already been many tests of the big $120 support, which is not necessarily a good sign either!
The short term price might keep ranging between 145/150 - 125$.
âĄïžFor me, a healthy correction towards the 100$ or even $80 zone and the main uptrend [support] is conceivable before to see new run!
Find important R/S zone in my charts.
#SOL #Solana_Blockchain #SolanaUSTD #SolanaStrong #TradingShot
