SOL short term resistance reached
SOL had a strong bounce from the support area around 180$ i was expecting it to be tested more than once but it seems that market wanted to find new ATH.
I often used Fibo Extensions to find new resistance and on short term SOL has 234$ / 242$ and 250$.
Price could go higher into one of these price before going into consolidation, my view would be to wait for a pullback into the 220$ area and search for buy once at least MACD H2 will be under 0.
For now, wait and see what the market will decide but i wouldn't go long there at this price.
I often used Fibo Extensions to find new resistance and on short term SOL has 234$ / 242$ and 250$.
Price could go higher into one of these price before going into consolidation, my view would be to wait for a pullback into the 220$ area and search for buy once at least MACD H2 will be under 0.
For now, wait and see what the market will decide but i wouldn't go long there at this price.
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