Solana (SOL): Change Of Trend / Shorting?

Solana had made a nice resistance zone near $160 where we had so far 2 full rejections and 1 smaller one (at the beginning).

We are now monitoring the EMAs that are trying to perform a change of trend, which would mean a nice movement to lower zones towards our target line (red).

Swallow Team

Kommentera:

While EMAs failed to secure the zone, we are not seeing Solana in upper zones here re-testing the resistance zone.

As long as this resistance is holding, we see only one way from here 😉

Swallow Team

Kommentera:

After last update Solana has nicely been rejected from upper resistance zone and moved to break both 100 and 200EMAs.

✅ We got +7.68% of marketprice movement