Pending.
Technical Analysis: SOL/USDTThe pair is showing a correction over the last few hours, but the intraday chart reveals the start of a dynamic bounce just above a critical support.
Optimistic Outlook
The last candlestick on the chart shows a clear bullish reversal candle accompanied by a peak in green volume (buyers). If this short-term bullish momentum holds, the price will aim to test the moving average MA60 at 65.07 USDT, whose breakout would confirm the end of the correction and reopen the path towards 68.00 USDT.
$SOL
#BinanceSquareFamily #PublicayGana
Technical Analysis: SOL/USDTThe pair is showing a correction over the last few hours, but the intraday chart reveals the start of a dynamic bounce just above a critical support.
Optimistic Outlook
The last candlestick on the chart shows a clear bullish reversal candle accompanied by a peak in green volume (buyers). If this short-term bullish momentum holds, the price will aim to test the moving average MA60 at 65.07 USDT, whose breakout would confirm the end of the correction and reopen the path towards 68.00 USDT.
$SOL
#BinanceSquareFamily #PublicayGana