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Solana(SOL): Waiting For Final Confirmation

Long
BYBIT:SOLUSDT.P   SOLUSDT Perpetual Contract
Solana has been trading slowly under the last top resistance while also seeing a breakout from the 100 EMA zone.

We are left here with 2 possible scenarios, where the first would be a potential breakout from upper resistance and then a movement to higher zones, and the other would be a nice breakdown of 100EMA, which would start a nice downward correctional movement.

Those zones will have our attention for some time, as they are the confirmation of the next major movement.

Swallow Team
Comment:
Solana is yet to find it hard to breakout, which gives us more confidence in a potential movement to lower zones!

We are still keeping an eye on that upper resistance, but also on that 100 EMA!

Swallow Team

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