SOLANA is going to break this downtrend.

This is a perfect bounce from the 0.618 of the Trend based Fibo and it has a high chance hitting the 0.5 of fibo which is around 51.20.
I'm opening a Long trade(SPOT) from here and will wait for the target to be reached in the mid term!

Entry : 33.68
Target : 51.16
Stop loss : 25.86

Total no. of Analysis : 14
Successful trades : 8
NPNL : 3
Stop Hit : 1
Lost : 0
In Progress : 2

This is not a Financial Advice. Safe trading!
Cheers!

Comment:

A 10% profit achieved within a day!
Can book profit with 25 - 50% of investment!
But I prefer to wait for the next resistance at 40USD and then the main target!

Total no. of Analysis : 14
Successful trades : 9
NPNL : 3
Stop Hit : 1
Lost : 0
In Progress : 1