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$SOL USDT UPDATE #SOL/USDT breaks the trend line Price has found resistance at 175 and is likely to correct in the short term with the overall backdrop being positive and buying the pullback. Plan A: buy the breakout above 175 if a new high is made. Plan B: buy the dip back at 168 or slightly lower. It is expected that this price increase will reach at least 190 The technicals suggest a notable change in the trend as the Gaussian channel just turned green, indicating the beginning of an upswing. Moreover, the price is closely ranging just below the upper bands of the channel and if they manage to break above the levels, a fresh upswing may begin. Therefore, Solana’s (SOL) price continues to remain within bullish influence and hence a bullish breakout above $175 may be expected at the beginning of the second half of 2024. #solana DYOR Not Financial Advice

$SOL USDT

UPDATE

#SOL/USDT breaks the trend line

Price has found resistance at 175 and is likely to correct in the short term with the overall backdrop being positive and buying the pullback.

Plan A: buy the breakout above 175 if a new high is made.

Plan B: buy the dip back at 168 or slightly lower. It is expected that this price increase will reach at least 190

The technicals suggest a notable change in the trend as the Gaussian channel just turned green, indicating the beginning of an upswing. Moreover, the price is closely ranging just below the upper bands of the channel and if they manage to break above the levels, a fresh upswing may begin.

Therefore, Solana’s (SOL) price continues to remain within bullish influence and hence a bullish breakout above $175 may be expected at the beginning of the second half of 2024.

#solana

DYOR

Not Financial Advice

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$FRONT USDT UPDATE #FRONT/USDT Bouncing back after retesting the symmetrical triangle trendline a sequence of higher lows, indicating an ascending trendline that suggests bullish sentiment. a descending trendline also exists, forming a symmetrical triangle pattern, which often signals a consolidation phase before a potential breakout. The support on the trendline is critical. A sustained hold above this line may encourage buyers to push prices higher as it reassures the market of underlying buying strength. The immediate resistance at $1.5377 needs to be broken to confirm a bullish breakout from the current pattern. Beyond this, $1.8028 serves as the next significant challenge, which if surpassed, could signal a strong bullish phase. The chart suggests a potential upward move if the price can maintain its position above the ascending trendline and break through the symmetrical triangle to the upside. An effective strategy might be to watch for a strong daily close above the upper descending trendline for a buy signal, with a stop-loss order placed below the ascending trendline to manage risk. FRONT/USDT presents a cautiously optimistic scenario for bulls, provided it can sustain the support and break above the immediate resistance levels. Volume rising as good momentum, price structure, monitoring for a breakout with accompanying volume would be prudent before initiating any trades. As always, it’s vital to consider the wider market context and any relevant news that could impact price movements. $FRONT 🔺 Open Interest PUMP 💵 Price: $1.4816 (+13.15% in 4h) 📊 Volume: +421.15% in 4h 📈 Long Short Ratio: 1.34 (-20.14% in 4h) 💰 Open Interest: $12.3M (+50.41% in 4h) 🤝🏻 Trades: 868.5K (+333.60% in 24h) ADYOR NOT FINANCIAL ADVICE
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