Thoughts on #SOL
$SOL is forming a falling wedge on the 4H chart, with price compressing between descending trendlines. The recent bounce from the lower boundary keeps the setup interesting, but confirmation is still needed.
A clean breakout above the upper trendline could trigger a bullish move, making $SOL a potential long on the breakout.
$SOL is forming a falling wedge on the 4H chart, with price compressing between descending trendlines. The recent bounce from the lower boundary keeps the setup interesting, but confirmation is still needed.
A clean breakout above the upper trendline could trigger a bullish move, making $SOL a potential long on the breakout.