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SOL: If 100 SMA confirmed as resistance is bearish

Short
Solana (COINBASE:SOLUSD)  
RF_Trading  
COINBASE:SOLUSD   Solana
Trend Analysis Chart Patterns SOL solana SOLUSD
7
4
trendanalysis chartpattern sol solana solusd
Price reached our target in the 205 area and then nuked to 180s. The price had a retest of the 100 SMA and got rejected, which is short-term bearish. Shall the 100 SMA be confirmed as resistance, we could visit the 200 SMA around 170 (169 for SOL lovers). Bulls could be saved if we recover the 190 trading area. Be careful.
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