TradeTheory

Solana Bears have won the last 48 hours.

COINBASE:SOLUSD   Solana
Its true the bears have sold a lot of SOL in the last 48 hours but bulls are starting to enter back into the market. Traders believe that Solana will not fall below 20.60 as evidenced by the order blocks being left at that range for an extended period. A very big order block left at 22.50 for an extended time period leads me to believe that is our key resistance. I think I will do a big buy order if we start to slide into the mid 20's.
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