SOLUSDT spot Binance best bid areas to watch out for
Imo, this chart provides some good sol spot buying areas that we could look out for in the coming days. With the recent price action, we can see that $18-$18.5 will be a key resistance to break, to move to the upside and grab liquidity on to that $24 wall that we need to battle next.
On the downside, I'd definitely ladder some buy orders in at $10, $8 and $5-$6 (if you are feeling lucky) If price goes below $8, I think it will reach $5 faster than you can think and bounce faster from there as well as these are huge buying levels looking at the books. So that would be a quick V shaped price action, tougher to get the order filled but higher reward if it fills.
On the downside, I'd definitely ladder some buy orders in at $10, $8 and $5-$6 (if you are feeling lucky) If price goes below $8, I think it will reach $5 faster than you can think and bounce faster from there as well as these are huge buying levels looking at the books. So that would be a quick V shaped price action, tougher to get the order filled but higher reward if it fills.
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