#SOL LTF Analysis:
$SOL is currently trading below a key descending trendline, so the bullish setup is not confirmed yet. A clean breakout and flip of this trendline into support would be the confirmation we need for the next move higher.
Until then, there’s no need to rush the entry. If $SOL breaks and holds above the trendline, we can look for a potential long with the next leg up in play.
$SOL is currently trading below a key descending trendline, so the bullish setup is not confirmed yet. A clean breakout and flip of this trendline into support would be the confirmation we need for the next move higher.
Until then, there’s no need to rush the entry. If $SOL breaks and holds above the trendline, we can look for a potential long with the next leg up in play.
