Solana

SOL Macro - Time for Price discovery?

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$SOLWeekly RSI has returned to the EQ giving Solana plenty of space for upside growth! Price is attempting to break into all time high but just can’t find the momentum it needs. This is good thing for now, keeping volatility to a minimum!

Weekly R5 Pivot and Fibonacci extension targets are $660. Price is above the weekly pivot showing the uptrend is in tact and may well test it as support again!

Consolidating under resistance for an extended period often leads to a breakout!

Safe trading

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