SOL / TetherUSLong
Solana $SOL #SOL The most bullish coin in crypto
Solana, the beast is heavily overextended currently after an impressive run.
The measured move will be to come back down to $150 where it has continued to find support, before breaking out of structure to a new ATH.
This move back to $150 will need to coincide with a larger #BTC #Bitcoin correction which is anticipated.
Once we have broken out of structure $345, yes $345 is the target of the wedge bouncing off $150 & $175, both major support zones to create a large double or triple bottom.
Worth noting that $346 is just the 1st target for the monster that is Solana..
The measured move will be to come back down to $150 where it has continued to find support, before breaking out of structure to a new ATH.
This move back to $150 will need to coincide with a larger #BTC #Bitcoin correction which is anticipated.
Once we have broken out of structure $345, yes $345 is the target of the wedge bouncing off $150 & $175, both major support zones to create a large double or triple bottom.
Worth noting that $346 is just the 1st target for the monster that is Solana..
Disclaimer
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.