SOL - Solana flat top breakout setup

SOL has been the hottest coin out of the majors this year. after a big run to 200 dollars this has had a very orderly pullback showing loads of accumulation on the dips. We are starting to test the trendline resistance. What I like on this one is that we have strong support underneath also with the 50sma and 20sma to give it support . Risk on this is down to 140 max pain. upside to 220. Great r/r here
Chart PatternsCryptocurrencyTechnical IndicatorsSOLsolanasolanasummerTrend Analysis

Also on:

Disclaimer