BekhzodAkbarov

Formed triangle in 1H which is just the price squeeze

Short
FTX:SOLUSDT   Solana / USD Tether
We have 2 resistance obstacles above the current price level, 1st being the channel bottom line resistance and 2n mirror resistance of a rectangle box. I suppose it is way clearer for the price to go down as not that strong support at the bottom.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.