🚨🤔SOL🤔🚨

Apr 13, 2023 8:56 PM

      🚨Hello Crypto Banter community 🚨

LEFT/USD chart

SOL continues to favorably stand out from the market, up more than 15% since the start of the week.

Starting from this week's short-term ascending trend line, SOL, which rose to $23, is now in front of a critical resistance area. This area, in the range from $24 to $27, is formed by the resistance line at $27 for the graft in 2023, starting from the boundary of the long-term downtrend line.

For the rest of the week, a weekly close of the SOL token above this resistance area could accelerate the coin's rally. Such a move could send the coin towards the next major resistance at $50.

Short and medium term EMA values, currently at $21, will enter an uptrend above this resistance area. At the same time, these intermediate values ​​can be used as strong support for SOL/USD in a possible reversal. According to the volatility that may increase in the second half of the week, SOL buyers who will hold the digital currency above $21 may make the potential upward movement stronger.

On the daily chart, we notice that the Stochastic RSI, on the other hand, is supporting the current momentum with its rapid rise.

So what do you think 🤔.....

In the comments.....

@HLSPORTRAIT

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