$SOL Updates ,analysis & selling alert

Trading in a falling wedge right now hovering around $145.$SOL have to sustain above 140$ and close above 150$ in daily candle in the next 12 hours. A selling pressure is seen around $150 ,so solana has to trade above it to retest recent high $188.Otherwise it will fall to a recent law 123$ forming lower low situations.Lets talk about important levels:

➡️ Immediate Resistance: $150 (Bulls Will regain control above this level)

R2: 169

R3: 188

• Supports:

➡️immediate support/S1: 123$ ( more selling pressure below this level)

➡️S2: 107.80

➡️S3: 95.26

➡️Important buying range: 95 to 107(Must buy zone for investors )

Stoploss - Below 95$

➡️Buy near 23$ with strict stoploss 120$ or buy aftr sustaining above 140 with strict stoploss just below 140(Only agressive traders).

➡️ Trading range : long term - 95 to 188

➡️ Short-term rang- 120 to 150

➡️ Trend - negative, trading in a falling wedge, Will face selling pressure on rise,main hurdle lvl now will be 150 to 160. Trading below 200 EMA

➡️Sentiment- positive

➡️ Suggest - Put strict stoploss , there may be a short term bearish ,it's phase of Consolidation will be broken if $SOL started trading below 140.Sell on rise until it sustain above 150 ,160 or maintain trailing stoploss.

This is my personal analysis so please do research before subjected to any financial activities.Hope this will help.Thay you , Happy trading and investing.