The good news? Solana seems to be breaking through descending resistance, which give a target of the recent highs?
The bad news? I only filled about 25% of my position, as I was waiting for the $75-$77 area.
No regrets When you bid a key support level, you always have to be willing to miss, so I am happy that I made the adjustment and started this smaller position.
I would like to see a bit more volume here. The breakout was weak, basically sideways across the line - but, we do have a nice retest as support and price heading up.
The bad news? I only filled about 25% of my position, as I was waiting for the $75-$77 area.
No regrets When you bid a key support level, you always have to be willing to miss, so I am happy that I made the adjustment and started this smaller position.
I would like to see a bit more volume here. The breakout was weak, basically sideways across the line - but, we do have a nice retest as support and price heading up.
scott.melker@texaswestcapital.com