SOL / TetherUS
Corto

SOL: Possible Correction From The Weekly Area

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SOL: Possible Correction From The Weekly Area

The price tested a solid weekly area near $80.

Last week's price peak reached 79.50, and SOL didn't manage to create a new high on the weekly chart.
This is the third week that SOL is near the same zone as we can see from the chart.
On the 4-hour chart the price is losing volume and we can likely see SOL moving down up to 72, 70.50 and 65.50

This is a possible scenario that can happen during these days.

Thank you and Good Luck!

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