solana has been ranging since it early retracement to 156, and hasn't been able to break the 150 zone and closed this week with high at 146 which forms a higher low making room for more bearish movement to 120-118 just my bais observation thus market may change but if it doesn't break 143 zone than this scenario will definitely play out... lets watchout
Note
it didnt play out as predicted but changed as observed as it broke the 143 and now at 174 and from the daily and weekly time frame it has broken my bullish pennant with 2000pips of movement and i believe this bullish run will drive till 180 or more after some pull backs but let keep watching..
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.