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Lingrid | SOLUSDT breakout-PULLBACK-Continuation trade

1057
The price perfectly fulfilled my previous idea. It hit the target level. SOLUSDT has been ranging between the 140 and 160 levels, but it has recently broken and closed below this range. This indicates a shift in market dynamics. I believe the market is now heading to retest the area where we observed a bullish impulse leg previously. The break below the upward trendline suggests that the price has entered a consolidating phase, which was signaled by the price being above the trendline and showing bullish momentum. Given this context, I expect the market to push a little further down towards a key round number, which could act as a psychological level of support. My target is support level at 120

Lingrid | SOLUSDT pullback TRADE. Long from SUPPORT level


Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻

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