SOL/USDT 1W Chart Review
2024-12-28
Category: None

Hello everyone, let's look at the 1W SOL to USDT chart, looking at the large time frame, we can see how the price is moving in the uptrend channel in which we currently have a visible correction approaching the lower part of the channel.

Seeing the current correction, which most likely held on support at our first stoplos, we will designate the locations of the next potential SLs:
SL1 = 184 USD
SL2 = 166 USD
SL3 = 143 USD
SL4 = 117 USD

However, if the price changes direction and the visible green candle starts gaining strength, it is worth moving on to setting goals for the near future, which include:
T1 = 211 USD
T2 = 234 USD
T3 = 253 USD
T4 = 271 USD