$SOL to $28, then down to $4? #chartanalysis #technicalsLooks like the price action is in need of some type of pullback before falling all the way to the next major support area around $4. When you look at the fib sequence that I've got placed over the price action, you can see where the 618 extension on the inverse fib lines perfectly with the last price level that is now acting as resistance, that it makes sense we'd be retesting.
Further, that same fib causes the 227 extension down at $4 to line perfectly with the price action down below parallel to that level also.
