$SOL 💸180 Life and Death Line, Violent Rebound Countdown!
For those who are going long now, set your stop loss. The overall trend is upward, with the resistance line at 183.186 and the support line at 179.177.
The cyclical pullback to the rising trend line is very similar to the formation that started in January 2024. Currently, the short rate in the market is 0.12%, and conditions for a short squeeze are in place.
Having experienced two rounds of bull and bear markets, I have professional strategies for unlocking positions and specialize in mid-to-long term wave trading. I have just transitioned to Binance, so please stay tuned.