$SOL | #Solana - 4H Crypto Trade Setup Update ● Current Status: SOL surges above the value area high

5 months ago
7

$SOL | #Solana - 4H Crypto Trade Setup Update

● Current Status: SOL surges above the value area high but retraces to retest as support, accompanied by falling momentum and rising money flow.

● Technical Indicators: Moving Averages (MA) have just crossed bullish; however, caution is advised as they may be overextended.

● Outlook: Traders should proceed cautiously, considering the mixed signals from the retracement to retest support, falling momentum, and potential overextension of the Moving Averages.

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