it can enter accumulation or distribution. I think it will be the second, let's hope not.

$SOL (SOL) is moving within a pennant pattern on a 1-hour time frame. This is a consolidation indicator according to technical analysis that may indicate the price is ready for a breakout. If it breaks out of the trendline, it could be a bullish signal that points the market and traders towards more momentum. In such a situation, you can wait for the candles to close after the breakout and wait for the retest to plan a strategic and informed trade. This approach helps you avoid potential false breakouts and make your entry point and exit levels more calculated.
POSITION Mention ON THE CHART👇
Blue 🔵 enter /// Black ⚫ TP

#MarketRebound #USBitcoinReserves

#solana