$SOL UPDATE!!
the price action and potential breakout levels of Sol. Based on the information,it appears that Sol is currently trading within a symmetrical triangle pattern. A breakout above or below the triangle could indicate a move in that direction.
support level for Sol is between 85 to 88, and a break below this range could potentially lead to a further downward move. On the other hand, the resistance level is between 99 to 102, and if Sol breaks above this range with force, it could resume a bullish trend.
the possibility of a fake breakout, where the market may temporarily move in one direction before reversing. It's important to be cautious and consider other factors before making any trading decisions.
In terms of the trend, the bearish trend is prevalent in lower timeframes, while the daily timeframe is also bearish. However, the weekly timeframe is consolidating, and the monthly trend is still bullish.
possible bottom between 78 to 80 for Sol. It's important to keep an eye on the price action and other indicators to see if this level holds or if there are any changes in the overall market conditions.
Remember, it's always a good idea to do thorough research and consider multiple factors before making any investment decisions.
