Today we bring to your attention the global Cryptocurrency SOL forecast.
As can be seen from the graph, for a long time the price of SOLUSD is not bad enough to moving the channels of dynamic fibolevels.
Also, looking at the global chart Solana token, we can assume that at the moment the figure “double bottom” is formed.
Its possible that Solana price is finding its way to the bottom by P_S_trade on TradingView.com
Based on this assumption, we can offer you the following medium-term SOL trade to comply with the profit/loss ratio 5/1
Long entrance area $89-93
Stop below $77.70
Take profit around $157