SOl retracement will hold or break?SOl is very solid project, everyone are predict sol will go up to $1000.Still remember few years ago when everyone said EOS is going to moon, solid to 100X. Many buy EOS and stuck on the prediction from youtuber or influencers.
Do not to emotion on this project. Sol is good, but will it really go up to $1000 still have to depend on total transaction and market capital at this moment. Don't be fool of all those people who bought sol early at $1 and now $160, retrace back to 0.618 golden ratio right now.
the current price have to wait, either it will hold and bounce up to 240 or break below 130 and go further down to 70-80 is possible
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Solperpshort
SOLANA BEARISH PITCHFORK TREND ANALYSISSolana seems to keep adjusting its price since it peaked on its ATH a few weeks ago. On the 1h timeframe seems to be walking down its bearish Pitchfork equate nicely. The target price would lie around the Fib retr. 0.618 level that lies on $108.12. should take a few days before it hits target.