๐น Coin Name: #SOL
๐น Signal Type: Long
๐น Chart Analysis: SOL is forming a bull flag or falling wedge pattern, indicating a potential breakout. With the Anchored VWAP acting as support, as long as we hold above this level, the momentum is strong. A breakout above resistance could push SOL towards $330. ๐
๐น Trade Setup:
Entry: Around $234.20
Target: $330.00
Stop Loss: $215.10
๐น Market Conditions:
BTC.D (Bitcoin Dominance) is showing upward movement, but altcoins are not facing significant chaos, signaling a broader market shift.
USDT.D (Tether Dominance) has broken support, signaling the start of a bullish market cycle for alts.
Liquidations have spiked, suggesting capital will flow into altcoins like SOL.
๐น Whatโs Next? With the support intact and BTC.D nearing resistance, the market is gearing up for a major move, and SOL could lead the charge.
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