SOLANA - TIME TO COOL OFF (BEARISH)

6 thg 11, 2021

Solana is forming a bearish market structure with a rising wedge pattern forming on the lower time frames as well as being extremily overbought on the daily RSI. True, we just put in a nice all time high however, nothing goes straight up. Macro time frame I think SOL has a long way to go this market cycle, however I think it's time SOL makes a healthy correction to truely test at least it's previous all time high. I am short from 252 (NFA)