There is something interesting forming in SOLUSDT. A descending triangle, quite clear on the 30-minute timeframe. The price is drawing lower highs each time. Obvious downward line. Meanwhile, it repeatedly touches a support near $201. Interesting pattern. 🔻
The price is compressing. Something decisive is approaching. It seems we will have movement soon. These triangles tend to be bearish. Not always, but almost. So far in 2025, they have worked quite well in crypto. The patterns speak.
Buy at $201 right now? Risky. Very risky. Better to wait. If it breaks and closes below $201, be careful. We could see a quick drop towards the $199-$200 zone. It's not that far, but significant. 📉
Is it time to buy this dip if you're a holder? Mmm, 50/50. Patience is a virtue. The pattern doesn't look too good. We might see more attractive prices soon. If it breaks down, $200 could be a better point to accumulate SOL. It seems like a strong zone. 💰
The volume will say a lot. It is key. Descending triangles are not like ascending ones. They have another language. They increase chances of continuing to go down. The market has its own plans. 🌕➡️🌑
Let the price make its move. Then you act. Not before. That support at $199-$200 could be your friend if you're looking to buy more. Wait for your moment. 🚀
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Looking at the bearish triangle on SOLUSDT - 30m chart 🔍
There is something interesting forming in SOLUSDT. A descending triangle, quite clear on the 30-minute timeframe. The price is drawing lower highs each time. Obvious downward line. Meanwhile, it repeatedly touches a support near $201. Interesting pattern. 🔻
The price is compressing. Something decisive is approaching. It seems we will have movement soon. These triangles tend to be bearish. Not always, but almost. So far in 2025, they have worked quite well in crypto. The patterns speak.
Buy at $201 right now? Risky. Very risky. Better to wait. If it breaks and closes below $201, be careful. We could see a quick drop towards the $199-$200 zone. It's not that far, but significant. 📉
Is it time to buy this dip if you're a holder? Mmm, 50/50. Patience is a virtue. The pattern doesn't look too good. We might see more attractive prices soon. If it breaks down, $200 could be a better point to accumulate SOL. It seems like a strong zone. 💰
The volume will say a lot. It is key. Descending triangles are not like ascending ones. They have another language. They increase chances of continuing to go down. The market has its own plans. 🌕➡️🌑
Let the price make its move. Then you act. Not before. That support at $199-$200 could be your friend if you're looking to buy more. Wait for your moment. 🚀