Suyay
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Solana ($124): The wall of $130 was too high
Yesterday we were looking for bullish confirmation, but today the market gives us a reality check. Crossing the 4H and 1D data, we see that the macro bearish trend continues to weigh down.
1️⃣ The Tactical Vision (4 Hour Chart): Immediate Weakness
Yesterday's momentum has faded. The current price ($124.49) has lost the support of the EMA 20 (Yellow Line) at $125.26 and is trading below the VWAP ($125.46).
RSI: It has dropped to 46.25, entering the weakness zone again. Bears have taken control in the short term.
1️⃣ The Tactical Vision (4 Hour Chart): Immediate Weakness
Yesterday's momentum has faded. The current price ($124.49) has lost the support of the EMA 20 (Yellow Line) at $125.26 and is trading below the VWAP ($125.46).
RSI: It has dropped to 46.25, entering the weakness zone again. Bears have taken control in the short term.
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