The price of Solana has been consolidating on the 4H chart, forming a triangle. Price has broken out of the triangle possibly indicating bullish momentum.
TP - 1 - 14.32
TP - 2 - 15.00
TP - 3 - 16.07
S/L - 13.08
TP - 1 - 14.32
TP - 2 - 15.00
TP - 3 - 16.07
S/L - 13.08
Comment:
The price hit TP 1, bouncing back to the demand area. If able to pick up demand at this level, price might see an increase past TP 1. Otherwise, we could see further decline and a change of character.