Solana (SOL): Another Bounce From 200EMA

Solana is next on our watchlist, with a possible bounce from 200EMA.

We are keeping a close eye on the 200EMA, where price has had multiple bounces, which have started a further upward movement from there.

If all goes according to plan, we should see a smaller bounce again, but there is also a possibility of breaking that same EMA, so keep an eye on it!!!

Swallow Team
Uwaga
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Solana is looking good, and buyers seem to have secured that 200EMA.

Now we are going to look for a steep upward momentum here and a possible rejection from the upper resistance zone.
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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!
Uwaga
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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.
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Solanas prediction was on point where we saw a nice rejection happen, which resulted in a good 25% downward movement to the lower target zone.

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