TheMarketHunters

Sol is on downtrend movement from many days

Short
BINANCE:SOLUSDT.P   SOL / TetherUS PERPETUAL CONTRACT
Sol is on downtrend movement from many days. There is strong support among 95.59 - 98.00. currently price showing descending triangle pattern. If recent price breaks support area then it will dip till 79.00 - 82.00.
Keep in mind there is resistance from 111 to 108.

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.