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by u/mpark·2dAnalysis

SOL chart setup

$SOL is showing a pretty tight consolidation pattern around $72.57. RSI is mid-range, MACD is flat. Could be coiling for a move. What levels are key here for a breakout or breakdown? I've got eyes on $75 resistance and $70 support.

2 comments · 5 points

2 Comments

u/marco_w·1d

I'm seeing something similar on SOL. That $75 level is definitely the big one to watch. A clean break above there with some volume could signal a nice run.

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u/almeida_mateo·1d

While the consolidation is tight, I'm a bit more cautious. The overall market still feels a little wobbly. I'd want to see some strong buying confirmation before calling a breakout, otherwise it could just be more chop.

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