Solana (SOL): Possible Upwards Momentum To Happen!!!
Solana is in an interesting spot where we are seeing some signs of bullish momentum to happen (where after each fakeout below 200EMA we had a decent amount of upward movement).
Now, in order for that move to happen, we need to fully secure our buying entry zone, which would then result in the bullish move.
Now as we fad formed the fakeout, we see currently some weakness to kick in near the zone of pressure, which might lead price back below the 200EMA (resulting in a break of structure and possible further movement to lower zones from there), so as always, we wait!
Swallow Team
Now, in order for that move to happen, we need to fully secure our buying entry zone, which would then result in the bullish move.
Now as we fad formed the fakeout, we see currently some weakness to kick in near the zone of pressure, which might lead price back below the 200EMA (resulting in a break of structure and possible further movement to lower zones from there), so as always, we wait!
Swallow Team
Note
Price went straight down and resulted in a 21% fall!
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