The price action of SOL indicates that it’s likely to take off.
Beta plays are the things to bet on once Solana starts moving. I’d look at coins like RAY, JUP, and JTO.
The weekly trend is confirmed, but it's lacking a bit of momentum for the monthly. I still think the bet is worth it here and on a retrace into the gray area on the chart—if it actually gives that retrace.
Overall, it’s a super constructive chart.
Trade active
I’m seeing entries in RAY. It’s time to take action while also exercising patience.
If it reaches $1.6, those will be my final entries. Now, I just need to watch for SOL to start its trend so that everything moves in the direction I’m anticipating. Let’s go for it!
Trade active
Last bids have been filled! I’m looking for no closes below the gray box; otherwise, I’ll exit the trade. Let’s see how it holds up!
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