🪙$SOL is moving similarly to Bitcoin

I looked at the 4 hour timeframe of the Solana chart. Here the situation is very similar to what we see on the Bitcoin chart.

There is the formation of a "squeeze" pattern in the form of a "head and shoulders" formation. By all logic, this pattern is bearish and should lead to a breakdown of the trendline and support zone around ~$163 and ~$166 📉

However, this pattern is a "fake"❗️The point is that its first segment is extremely small in magnitude. The ~$163 level cuts the formation into two parts. Also, there is no impulse to breakout, although touching the lower boundary has already happened.

On Solana, I expect price to gradually go either sideways or up. The second is more likely 📈

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