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tradepsych
Jan 22, 2024 3:37 AM

Solana symmetrical wedge breaking down. Look for more downside.. Short

SOL / TetherUSBinance

Description

Solana is breaking down at a large symmetrical wedge.

Daily time frame looks bearish. MACD weakening trend.

Volume is breaking down.

Just testing the top of the most recent VWAP range. If it continues down, look for support around the white VWAP line some where between the two yellow support areas.

BINANCE:SOLUSD
COINBASE:SOLUSD
SOLUSDT
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