Cometa Station
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It was time to buy but... it's still going down
$SOL For those of us who are new to trading, the easiest way to identify trends and trend changes is by using moving averages. In this case, a fast moving average of 50 in blue and a slow moving average of 200 in yellow. As long as the price is below both, it indicates a bearish trend, and vice versa. This can help you avoid going against the trend and prevent unnecessary losses. Also, the crossings of these can help us identify trend changes. A crossing of the fast moving average from below to above the slow moving average is warning us of a possible trend change, and vice versa.
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$SOL WHAT A DISASTER 😥🙈
The market is in a strong bearish trend with overselling in technical indicators, which could lead to a small bounce, but the main trend remains negative as long as it does not surpass 180 USDC with strength.
The market is in a strong bearish trend with overselling in technical indicators, which could lead to a small bounce, but the main trend remains negative as long as it does not surpass 180 USDC with strength.
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$SOL The price is still above the MA(25) and well above the MA(99), indicating a general bullish trend in the medium/long term.
There has been high buying volume recently (long green candles with volume), indicating interest in the asset.
The recent correction from 206 USDC seems to have halted near 184-185 USDC, where there is some consolidation.
There has been high buying volume recently (long green candles with volume), indicating interest in the asset.
The recent correction from 206 USDC seems to have halted near 184-185 USDC, where there is some consolidation.
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$SOL 🔮 Possible bullish scenario (1D)
If the support holds and breaks the zone of 192–195 with volume, we could see:
✅ Target 1: $200 (psychological resistance)
✅ Target 2: $206 (last peak)
✅ Target 3: $212–215 (projection by Fibonacci extension or continuation)
If the support holds and breaks the zone of 192–195 with volume, we could see:
✅ Target 1: $200 (psychological resistance)
✅ Target 2: $206 (last peak)
✅ Target 3: $212–215 (projection by Fibonacci extension or continuation)
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