Solana is going to pullback to the 4H support line before moving up. We are extremely oversold on the daily RSI and this along with the bullish news means that once the consolidation and correction after the Trump Strategic Reserve hype dissolves, we will resume our bullish SOLBTC pattern. Keep a stop below the 3D low as a break or close below this means a continuation of the weekly bearish move.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.