Hello there, this is a simple drawing which does have a bearish bias.
I wanted to draw the horizontal support and resistance levels given price history, identify any meaningful trend lines, and identify some criteria for invalidation of the bearish scenario.
I want Solana to pump as much as we all do - but I needed to try and validate my feelings here that getting out above $200 may be wise.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.