๐ Medium-Term: SOL has been overall bearish and it is currently trading within the flat wedge pattern marked in red.
๐ As it retests the lower bound of the wedge โ which perfectly intersects with the $100 round number โ Iโll be looking for short-term longs.
๐ In parallel, for the bulls to take over in the long term and kick off the next bullish phase, a breakout above the $147 previous daily high is needed.