$SOL The price is stuck in a sideways range. In this case, the breakout of the trend resistance can be ignored, as it no longer holds any significance. Now, it's just a matter of waiting for a breakout from this state.
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I wrote a Twitter thread with a detailed overview of the $RED token from RedStone Oracles, whose launchpool recently appeared on Binance. β¦οΈ I highly recommend reading it! β¦οΈ https://x.com/puh0v99/status/1895570019263901815
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π $TON I'm holding a short position on this token from $3.75. From a technical analysis perspective, Iβm currently waiting for the correction to end around a strong support level: $2.86. Ideally, Iβd like to see a final push to the retest zone, where the strongest upward movement started and led to a new ATH. However, predicting the exact stopping point of the price is difficult, and opening a long position head-on from a level isnβt the best idea. Personally, Iβve placed a limit order for a long position slightly above this zone, and Iβll assess the level based on the situation.
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