Solana

$SOL at major resistance, bottom is in?

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SOL bottom appears to have printed a text book ABC correction for wave 2 ending with a swing below the daily 200EMA and S1 pivot, front running the Fibonacci golden pocket.

However, Solana is at major resistance now and being rejected. RSI did not have bullish divergence or reach oversold so traders should be cautious.

Its holding up much better than most alt coins after Friday...

A bottom may be found at daily 200EMA and wave 3 may begin...

Safe trading

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