StablecoinArbitrageur
SOL's recent performance is quite interesting. On the four-hour chart, the price has been oscillating at high levels, with no signs of downward movement in the overall center of gravity. The pullback has also been tightly controlled, indicating that the bulls are still in the game and haven't given up.
Switching to the one-hour timeframe, the situation becomes clearer. Although there was a rally followed by a pullback, each subsequent pullback has been weakening, and the lows have not been broken again, mainly sideways consolidation. To put it more plainly, this is not a reversal signal but a
View OriginalSwitching to the one-hour timeframe, the situation becomes clearer. Although there was a rally followed by a pullback, each subsequent pullback has been weakening, and the lows have not been broken again, mainly sideways consolidation. To put it more plainly, this is not a reversal signal but a