SOL is forming a correction after retesting the intermediate bottom of 120.0. Ahead lies a fairly strong and important zone of interest, to which the market may react...
The market structure is bearish. After updating the low within the bearish trend, a countertrend correction to the liquidity zone is forming. A retest of resistance at 143-145 may end in a false breakout and a fall.
Bitcoin is also stagnating. There is no strong support from the fundamental side, and the market is also far from technical support. There is still potential for a fall...
Resistance levels: 143.35, 145.67, 150.8
Support levels: 133.12, 128.3
The coin is within the trading range of 120.0 - 144.0. Accordingly, after a retest of support, a retest of resistance is forming, but pressure on the market is being exerted by a weak fundamental background and a downward trend. A false breakout of this zone of interest could trigger a sell-off...