$SOL update
Sol formed symmetrical triangle in 4hr and daily time frame breakout of any side will cause to move in that direction but sometimes market do fake breakout
Support is between 85 to 88 according to structure of the market its will come to support probably.
Resistance is between 99 to 102 breakout of resistance will resume the bullish trend but market will break this the resistance with force then it will be valid breakout. For example sol is trading between 85 to 88 and sol suddenly set an engulfing 4hr candle from 85 to 102 then without any doubts you can buy sol at 102 then don't worry it won't come down market always break the support like slingshot force
Trend is bearish in every lower time frame and even daily time frame is bearish but week is consolidating and monthly trend is still bullish
In this month sol is forming red candle possible bottom is between 78 to 80
Spot traders don't buy it now wait for the market to come down it will come down you can buy it from 80to 88 but it's expected that it will come down more
This is the month of January its just beginning of new year and three month low can be 73. Buying will be good between 70 to 88 for longterm
