🚨 SOLANA FLASH UPDATE: $64.04 Bounce vs $75 Resistance! 🔄
Following up on our 700% Fibonacci Fractal report, $SOL is at a critical structural crossroad:
🔹The Move: $SOL printed a strong rebound from $64.04 up to $73.93.
🔹The Resistance: However, buyers failed to break and clear the previous local high at $75.00 (No Higher High).
🔹Current Structure: Price is heavily consolidating and squeezing right between the MA200 and MA20.
💡 Two Scenarios to Watch:
🐂 Bullish Continue: Keep a close eye on whether it can break above the previous $75.00 high.
🐻 Bearish Correction: If it fails to break up, expect a continuation of the drop toward our macro target zone of $45 - $55.
Are you buying this consolidation or waiting for lower targets? Let me know below! 👇
#Solana #SOL #CryptoAnalysis #TechnicalAnalysis #MovingAverage
$BNSOL
Following up on our 700% Fibonacci Fractal report, $SOL is at a critical structural crossroad:
🔹The Move: $SOL printed a strong rebound from $64.04 up to $73.93.
🔹The Resistance: However, buyers failed to break and clear the previous local high at $75.00 (No Higher High).
🔹Current Structure: Price is heavily consolidating and squeezing right between the MA200 and MA20.
💡 Two Scenarios to Watch:
🐂 Bullish Continue: Keep a close eye on whether it can break above the previous $75.00 high.
🐻 Bearish Correction: If it fails to break up, expect a continuation of the drop toward our macro target zone of $45 - $55.
Are you buying this consolidation or waiting for lower targets? Let me know below! 👇
#Solana #SOL #CryptoAnalysis #TechnicalAnalysis #MovingAverage
$BNSOL