#Sol on the 4H showing one of the cleaner reversals in the majors. Price made higher low at 130 and broke out with real volume into 143 to 145 zone. That shifts short term structure from bearish into neutral recovery.
Price reclaimed the 20EMA and now testing the 50EMA. If Sol holds above those levels on a pullback, momentum keeps turning. RSI lifting through the mid 50s and a bullish MACD cross both support the move.
Key zone above is 145 to 150 where 100EMA sits. Break that band and Sol opens the door toward 158. $SOL #TopGainersInADownMarket
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#Sol on the 4H showing one of the cleaner reversals in the majors. Price made higher low at 130 and broke out with real volume into 143 to 145 zone. That shifts short term structure from bearish into neutral recovery.
Price reclaimed the 20EMA and now testing the 50EMA. If Sol holds above those levels on a pullback, momentum keeps turning. RSI lifting through the mid 50s and a bullish MACD cross both support the move.
Key zone above is 145 to 150 where 100EMA sits. Break that band and Sol opens the door toward 158.
$SOL #TopGainersInADownMarket