Sol to $120 then relief bounce to $200.

Updated
Sol is looking very weak. I expect us to bottom around the $120 mark then push back up to around $200. From here we slow bleed down to $80 and possibly $50 after that. $80 is an excellent buy while $50 is a dream buy. Oscillators show we have bottomed or will bottom soon. We are bearish until we return back above and close above the MA.
Note
May get one more push down but otherwise I think sol rallies back to $190 area. If market structure does not change I recommend exiting there.
Note
We may not even get back to $200 area. Broader market is very weak.
solanaSOLUSDTrend Analysis

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