SOL has been one of the bigger winners of the last few weeks, seeing a 100% increase since the September lows.
However, caution is advised for the bulls. SOL has reached a very important area of resistance, so some profit taking is to be expected here.
However, with BTC looking great, I'd be surprised if SOL won't break through this resistance area. Personally, I'm going to wait for a break out and retest of the resistance before making an entry.
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Break out initiated. Waiting for potential retest of previous resistance as support!