$SOL is testing a major resistance level on the 4H chart.
After a strong bounce from the demand zone, price is now pressing against the descending trendline resistance.
A clean breakout and close above this level could open the door for a move toward higher resistance. If sellers step in and reject the breakout we will go more down.
Watching this level closely. The next move could set the short-term direction for #SOL .
Always wait for confirmation before entering a trade. 📊
#NFA #DYOR
After a strong bounce from the demand zone, price is now pressing against the descending trendline resistance.
A clean breakout and close above this level could open the door for a move toward higher resistance. If sellers step in and reject the breakout we will go more down.
Watching this level closely. The next move could set the short-term direction for #SOL .
Always wait for confirmation before entering a trade. 📊
#NFA #DYOR