Solana (SOL): Structure Looks Bullish Here + Bullish CME Is Up

Solana has established some sort of support zone, where there is a huge bullish CME gap left on the upper zones. The game plan is simple here: first take the 100 EMA, then the 200 EMA, and after that we can look for a bigger movement toward the upper zones.
Nothing complicated here. As long as buyers keep dominance over the local support zone (and also those liquidity areas marked with dotted lines), the structure remains bullish.
So nothing too exaggerated — we wait. Structure looks bullish and very often that CME gap acts like a magnet and pulls price back toward it.
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Nothing complicated here. As long as buyers keep dominance over the local support zone (and also those liquidity areas marked with dotted lines), the structure remains bullish.
So nothing too exaggerated — we wait. Structure looks bullish and very often that CME gap acts like a magnet and pulls price back toward it.
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Keep an eye on us and you will not regret it. 😉
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🚨 Authentic Traders
⚡️ Short-Term + Mid-Term Trades
Keep an eye on us and you will not regret it. 😉
Telegram: t.me/+fiEDSn7M9pJkODA0
⚡️ Short-Term + Mid-Term Trades
Keep an eye on us and you will not regret it. 😉
Telegram: t.me/+fiEDSn7M9pJkODA0
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.