$SOL Breakout Retest Holds Firm & Buyers Remain in Control of Structure…!!
Long Setup
Entry: 74.60 – 74.90
SL: 73.65
Target: 75.90
Target: 76.35
Target: 77.09
Since successfully breaking out from the 74.20 – 74.60 resistance area, $SOL continues to hold the breakout price even though there is some profit taking going on, indicating that the buyers are still in control.
As long as the price is able to maintain its position above 73.65, the bullish formation will hold. Any rally beyond the highs may see another leg towards 75.90, 76.35, and eventually towards the 77.09 resistance area.
#SupremeCourtBlocksTrumpFromRemovingFedCook #Solana
Long Setup
Entry: 74.60 – 74.90
SL: 73.65
Target: 75.90
Target: 76.35
Target: 77.09
Since successfully breaking out from the 74.20 – 74.60 resistance area, $SOL continues to hold the breakout price even though there is some profit taking going on, indicating that the buyers are still in control.
As long as the price is able to maintain its position above 73.65, the bullish formation will hold. Any rally beyond the highs may see another leg towards 75.90, 76.35, and eventually towards the 77.09 resistance area.
#SupremeCourtBlocksTrumpFromRemovingFedCook #Solana