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SOLUSDT Perpetual Contract

SOL/USDT

Oleh YIQIN
For SOL, if bull wanted to step in. This should be the time. Currently on the 1H time frame, the market structure is making a falling wedge where it contains a bullish bias. Besides, price right now is oversold, and the CVD of spot is leading. Hence it indicates that right now, there is probably a bounce coming along the way. Peace. However, $37 is the last line of defense for bulls to defend its bullish trend. $37 represents the previous range low where buyers are required to step in.
Chart PatternsTrend Analysis
YIQIN

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