The short-term SOL (Solana) swing appears favorable as it currently resides within a descending channel on the 4-hour period, forming higher lows (HL). There is potential for a breakout and another bullish move in SOL/USDT. However, considering the possibility of a pullback for SOL and other ATLS, it is crucial to closely monitor market conditions.
Looking at the fifth trend lines above, a successful trade could have been achieved by aligning with those trends. Please note that trading involves risks and it is essential to stay informed and make decisions carefully.
