SOL Technical Analysis
- Buy: TP $190, SL $108
- Pattern: Price is trading in a Sideways Channel ($120 – $190), suitable for Swing Traders: buy near channel support of $120 and sell near channel resistance of $190. Stop Loss at $108.
- Trend: Short-term down, medium and long-term strong down.
- Momentum: Price is neither overbought nor oversold (RSI 30-70).
- Support: $120.00, $100.00
- Resistance: $160.00, $190.00
Summary: SOL is in a Sideways Channel, suitable for swing trading. Buy near support at $120, sell near resistance at $190, with Stop Loss at $108.
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