#TrumpTariffs SOL is experiencing a major resistance zone around 140 due to confluence with previous levels of resale support as well as previous levels held by key EMAs. The market also has shown an extreme push-up in a relatively short amount of time (the RSI) indicating upward price action has likely finished, causing buyers to begin entering sell positions, creating downward pressure.
Setup Instructions:
Entry Zone: 138-140
Stop Loss: 146
Target Points 133, 130, and 128; in these target points, buying will likely continue.
Invalidation point (Stop loss) is above the last swing high.
SOL
132.8
-2.97%
#CPIWatch #BTCVSGOLD #BinanceBlockchainWeek #TrumpTariffs $SOL