$SOL has printed lower highs for two weeks, from about $109 on Oct 21 to a $98.6 high on Oct 30, and this morning it wicked to $89.9 before bouncing to around $92.9 now.
My read: $90 is the line that matters this week. If daily candles keep closing above $90 and SOL reclaims $96 on a close, I'd look for a push back toward $98.6 to $100 by Nov 10.
Lose $90 on a daily close and the trend says the mid-$80s come into play next.
Slight bearish lean while lower highs hold. What would make me wrong is a daily close above $98.6, which breaks the pattern.
#SOL #Solana #PriceAnalysis #CryptoMarket
NFA
My read: $90 is the line that matters this week. If daily candles keep closing above $90 and SOL reclaims $96 on a close, I'd look for a push back toward $98.6 to $100 by Nov 10.
Lose $90 on a daily close and the trend says the mid-$80s come into play next.
Slight bearish lean while lower highs hold. What would make me wrong is a daily close above $98.6, which breaks the pattern.
#SOL #Solana #PriceAnalysis #CryptoMarket
NFA
