$SOL: Will It Rally or Hit a New Low?
Solana well we finally have a little bit
of movement in the market and it seems
as if at least a local top is in place
um price action by far hasn’t G us given
us enough confirmation really that the
top is in place but it looks as if at
least a local top has formed here with a
break below the trend line um but we
need to see now if in any corrective if
in any rally a lower high is holding
yeah so what we’re dealing with here
obviously on this chart is this ABC
structure to the upset it’s only
corrective it’s only corrective and for
me there are many options how the micro
structure could unfold but if in any
pullback now the price holds within or
above this support area which is defined
between
$127.50 and $143 40 this is where in any
pullback we can watch for reaction then
um we should see further upside
$SOL: Will It Rally or Hit a New Low?
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