Hey there, fellow traders! Exciting news on the Solana – it just made a breakout from the $80 resistance level!
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Picture this: an ascending triangle is in play, suggesting some potential upward action. What does this mean? Well, it could set the stage for Solana to reach the $88 and $100 levels...
Solana is at a key resistance level from what used to be Support in March of 2022. This resulted in a hard selloff throughout the crypto market, leaving us wondering what comes next. Are we pulling back then continuing? Or are we heading back down to the $32 area?
How do we trade this? 🤔
More price action is required to justify a market entry. Here's what we do...
