Rhaonnor

SOL at strong resistance. What's to do?

FTX:SOLUSD   Solana
Sol is struggling to break $48.60; an area in which there are many limit short orders, so a pullback is quite possible to occur.

If you are looking for longs its better to buy the bullish retest of $48.60 (see chart) as it gives you higher probabilities of bullish continuation.

The next strong resistance is around $75.50.
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