Solana
Short

Solana Prepares For Correction (~25% To Start)

Updated
Looking at the daily chart for Solana (SOLUSD), a correction is on its way.

  • We have very high bear volume.
  • We have indicators trending lower, RSI and MACD.
  • We have a break below EMA10 and EMA21 (candle closure is needed for confirmation).


These bearish signals are pointing to lower prices.

The relevant support levels are marked on the chart.

Can be 22% to 28% but who knows... It is very early to say for sure.

Namaste.
Comment
There is room for more drop/red.
Trade closed: target reached
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