fatdelight

SOLUSD - at a critical point

FTX:SOLUSD   Solana
We all know SOL has had a massive rally. That said, it could do it once again if it breaks out on the upside. It really is in a critical zone right now. One of the above two possibilities can happen.

CCI/RSi/MACD aren't telling me anything yet. However, I could see that 20EMA is (kindof) acting as a support and resistance at various points. The current 4h candle seem to be going below the 20EMA support line and I do feel it might pull back within the channel to 23.6 fibs level before going further down. I am watching this carefully, before picking up a trade myself.

I would also be happy to load up on my hodl pf if it goes down to $100. Not a financial advice ofcourse.
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