SOLUSDT is Bearish

12 בינו׳ 2024

SOL seems to have exhausted its bullish momentum, as it has started to print lower highs and lower lows following the appearance of bearish RSI divergence on 4H time frame. The bearish rally is expected to continue further. Harmonics projections from AB = CD pattern indicate that the asset could dump to below 60. Targets are mentioned on the chart.