SOLUSDT Awaits Breakout of 135 Resistance Ahead of SEC News
On the 4-hour timeframe for SOLUSDT, the price is moving within a narrow range between 130 and 135.
If the price breaks above 135, the next upward move could occur, and the price might retest stronger resistance near 135.
If the price fails to break the resistance and shows reversal signals, traders may consider selling with a target of the 128 support level, and if broken, it could extend to 124.
Regarding news: The cryptocurrency market is currently affected by SEC regulations and blockchain projects. If the news is positive, SOLUSDT's price could rise.
If the price breaks above 135, the next upward move could occur, and the price might retest stronger resistance near 135.
If the price fails to break the resistance and shows reversal signals, traders may consider selling with a target of the 128 support level, and if broken, it could extend to 124.
Regarding news: The cryptocurrency market is currently affected by SEC regulations and blockchain projects. If the news is positive, SOLUSDT's price could rise.
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