SOL / SOLANA🔍 SOL/USDT Analysis: 15-Minute Timeframe 📉
The SOL/USDT chart on a 15-minute timeframe highlights significant upcoming times where price movements may present trading opportunities. For short-term, intraday, or scalping trades, these signals can be crucial.
• August 30, 2024, 22:15, August 31, 2024, 08:45 - Red Lines: These times mark potential local peaks. Traders might consider these as moments to take profits or reduce exposure, as the price could encounter resistance or a downturn.
• August 30, 2024, 13:15, August 31, 2024, 04:00 - Green Lines: These times indicate potential local lows, providing favorable conditions for accumulating SOL or entering long positions.
Note: The exact timing of these phases can vary by +/- a few hours. All times are based on UTC-7 (Los Angeles).