Solana 1HR timeframe update
Bearish -
1. If Solana breaks the trendline, we can see the dump
2. Above we have a 200MA which will be acting as a resistance.
2. There is an order block just near the 200MA
We can open up the short positions if Solana break the trendline
Bullish
In case Solana gives a break to the upside with a heavy volume then we can open a long position but there is a low volume suspected right now
1. If Solana breaks the trendline, we can see the dump
2. Above we have a 200MA which will be acting as a resistance.
2. There is an order block just near the 200MA
We can open up the short positions if Solana break the trendline
Bullish
In case Solana gives a break to the upside with a heavy volume then we can open a long position but there is a low volume suspected right now
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