🪙 $SOL is locally correlated with the market

On the 2 hour timeframe, we see a roughly similar situation to the coins I have been looking at in the last few days. A trend continuation pattern is forming here 📈

At the moment the price is testing the support of ~$137.5. Before that, another support level was broken at ~$142.2.

Since August 8, the price has been moving within the "bullish wedge" formation 🐂 Its essence is that the price is preparing to continue the upward movement, but is compressed into a narrow range by the two trending prior.

The potential for continuation of the previous upward movement remains on the coin. On Solana we can expect a continuation of growth in the medium term 📈

$SOL #LowestCPI2021 #BinanceLaunchpoolTON #MarketDownturn #DYOR