Solana(SOL): Waiting For Perfect Setup!

Solana coin has had massive growth, as we have talked about earlier, where the price seems to have topped out, and now we are looking for some correction.

What caught our attention here is our favourite middle line of Bollinger bands, which has been acting as a supportive line for the last couple of months.

Now that we finally broke the line, price is re-testing that zone, and we are looking here for some rejection to happen!!

We are not rushing into trading yet, but we see nice potential for both longs and shorts.

A long scenario would be active if we secured that upper resistance zone, which would lead to massive growth on the Solana coin!

What are your thought on Solana coin?? Will it see ATH soon or we will see a smaller correction before that?

Comment:

Solana has had a really nice rejection from the middle line of Bollinger Bands, which we have been looking at as well.

Now that we have broken it and tested (secured) it as well, we might start our downward journey here!

Comment:

SOL has had some moody moves, but as some of you know, we have caught a few Solana trades as well.

Despite having a small 10% market price movement, the price failed the re-test and got pushed back up.

Looking for price to reject current zones (as BB is in an overburden zone)