Solana: This level can potentially mold SOL’s near-term trajectory

Solana’s [SOL] descending channel course finally saw an upwards break over the last week. After closing above the 20 EMA (red) and the 50 EMA (cyan), the buyers depicted their edge in the current structure. The recent reversal from the 61.8% Fibonacci level could see a rebound from the near-term EMAs. A drop below the […]