Solana’s [SOL] immediate ceiling in the $43-$46 range has constricted the buying efforts over the last two weeks. The reversals from this range have reignited the near-term selling edge. Thus, the alt fell below the 20/50/200 EMA while chalking out a descending channel in the 4-hour timeframe. Meanwhile, the week-long trendline support has cushioned the […]Solana’s [SOL] immediate ceiling in the $43-$46 range has constricted the buying efforts over the last two weeks. The reversals from this range have reignited the near-term selling edge. Thus, the alt fell below the 20/50/200 EMA while chalking out a descending channel in the 4-hour timeframe. Meanwhile, the week-long trendline support has cushioned the […]
