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Exiting the discount channel has prompted an impressive price increase for SOL products. At the time of writing, the market is trading at 185.74, marking a gain of 1.13% on the day. The uptrend is strong, as it consolidates at high levels with steady trading activity on the 2-hour timeframe.
On the H4 chart, support is around the 170.00 area, while the 34.89 EMA suggests stability, the technical outlook tilts towards further upward movement, highlighting promising buying opportunities.
This price increase is expected to reach $195.95 and a local high of 210.20. What are your thoughts on this issue? Do you agree with me?
Exiting the discount channel has prompted an impressive price increase for SOL products. At the time of writing, the market is trading at 185.74, marking a gain of 1.13% on the day. The uptrend is strong, as it consolidates at high levels with steady trading activity on the 2-hour timeframe.
On the H4 chart, support is around the 170.00 area, while the 34.89 EMA suggests stability, the technical outlook tilts towards further upward movement, highlighting promising buying opportunities.
This price increase is expected to reach $195.95 and a local high of 210.20. What are your thoughts on this issue? Do you agree with me?
Trade active
Trade closed: target reached:
Meets target 1 temporarily
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