Short

Solana (SOL): Bounce From 200EMA + Rejection From Resistance

Solana has made a nice rejection after another bounce from 200EMA.

We are now looking for a very steep downward movement from here on so let's see!

Swallow Team

Note

9% of movement since rejection from the upper resistance zone.

We caught it nice since the bounce from 200EMA, where price got stuck at resistance and now is falling back to 200EMA.

Note

Another touch to 200EMA happened where price has shown us a smaller bounce.

Now we are looking for it to be broken but if we fail to break then another rally to upper resistance will happen so keep an eye on the EMA!

Note

Solana did a good 21% of movement after getting fully rejected from our smaller resistance zone!

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