📉 Review of the#SOLasset
Let's analyze#SOLon the 4-hour timeframe:
The price of the asset had previously fallen and was in a downward movement. Now it is observed that after the breakdown of the structure there is an upward trend.
I will consider going long if the price consolidates above the high of $151.740 in order to gain strength so that we can continue the upward trend. In this case, I will expect an increase up to $162,000.
I will consider going short if the price consolidates below the support zone of $132,000. If the price consolidates there, this means weakness of buyers and the downward trend may continue. In this case, I will wait for a drop to $122,000 to update the minimum.
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Today the news will come out, quite strong, it will probably be carried out in both directions. Be careful and respect the risks to keep your deposit.
🔘 Long - if the price consolidates above the maximum of $151.740
🔘 Short - if the price consolidates above the support zone of $132,000
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