SolanaShort
Solana needs to cool down
Nice run up to shake out the bears but more support needed to continue towards new highs.
Overextended on the RSI, approaching a peak in MACD on the daily.
120$ Fib/trendline levels should be retested imo for confirmation of bullish continuation.
Overextended on the RSI, approaching a peak in MACD on the daily.
120$ Fib/trendline levels should be retested imo for confirmation of bullish continuation.
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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.