#sol technical situation 10/08/2025
Long 🟩 💵 Implementation of trading strategy
SOL technical situation 10/08/2025
1️⃣ Current technical situation
Price: 180.99, just above the key EMA50 (179.27) and EMA100 (175.87).
The white trendline (below the price) is an ascending support within a rising wedge.
Figure: "Rounded Bottom" + ascending channel → usually indicates continuation of growth, but as it approaches the upper boundary of the channel, pullbacks often occur.
Price: 180.99, just above the key EMA50 (179.27) and EMA100 (175.87).
The white trendline (below the price) is an ascending support within a rising wedge.
Figure: "Rounded Bottom" + ascending channel → usually indicates continuation of growth, but as it approaches the upper boundary of the channel, pullbacks often occur.
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SOL
199.88
+5.85%