SOL POTENTIAL RETRACEMENT?!?! ๐ค๐ค
๐๐๐๐๐๐ ๐๐ฅ๐๐ ๐จ๐ฃ๐ง๐ข ๐ญ๐ฌ$ ๐จ๐ฆ๐๐ง/๐ฃ๐๐ฃ๐ ๐๐ข๐๐ก ๐ฅ๐๐ช๐๐ฅ๐ ๐๐ฅ๐ข๐ ๐ ๐ฌ ๐ง๐ช๐ข ๐ฃ๐๐ก๐ก๐๐ ๐ฃ๐ข๐ฆ๐ง๐ฆ๐ฐ๐ฐ๐ฐ...
On the 4-hour chart, SOL demonstrates a bullish trend, having successfully breached the recent resistance level. However, an observed deceleration in momentum suggests potential for a retracement, as indicated by the pattern illustrated on the right side of the chart.
Traders currently holding buy positions should exercise increased vigilance and consider this potential for a pullback in their trading strategy. It's advisable to monitor closely for any signs of reversal and adjust positions accordingly to manage risk effectively.
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