We got a few confirmations on a move up for SOL/USDT.
1. Bounce/ re-test off of the 200 .
2. Broke 100 , which was acting as a local resistance.
3. We had a downtrend forming from the early hours of today, while the started moving upwards forming a .
* Further confirmation and reassurance of an uptrend will be if the recent 100 resistance can now act as the local support. Wait for a pullback to 100 , if it bounces and confirms - this will be a good sign to enter the trade.
We can play this a couple of ways.
1. Short-term play to recent highs.
2. Mid-term, Hold w/ patience and we should move into a new ATH and price discovery .
100 MA acting as a 2nd resistance.