Asked about $SOL , what to expect from the price and how to react to the news on the SEC decision on the spot SOL-ETF:
News need to be filtered, you can't just buy without observing the risk and without a systemic point for purchase. Otherwise, you are not trading, but making a bet and playing in a casino.
If you look at the chart, the long balance is maintained and the price is trading short-term in an ascending channel after the correction.
An important resistance level is now 285, which coincides with the upper resistance boundary and is the target.
And if the price goes below level 259, then the growth is canceled and you need to wait for fresh signals to buy.
