From the four-hour K-line, SOL price has been rising to the key level of 140, testing it twice without breaking through. It’s likely to pull back and gather strength before challenging the high again. On the technical side, MACD has shown a bearish divergence signal, and the KDJ indicator has turned downward, forming a death cross. This wave can be traded lightly with a short position.
You can consider positioning in the 140-143 range, Targeting 130-125. $SOL
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January 6th $SOL Silk Road
From the four-hour K-line, SOL price has been rising to the key level of 140, testing it twice without breaking through. It’s likely to pull back and gather strength before challenging the high again. On the technical side, MACD has shown a bearish divergence signal, and the KDJ indicator has turned downward, forming a death cross. This wave can be traded lightly with a short position.
You can consider positioning in the 140-143 range,
Targeting 130-125.
$SOL