After the price action broke the consolidation zone, Solana produced a series of HHs and HLs.The PA has formed a double top coupled with a bearish divergence. Earlier, the RSI reflected the bearish divergences too. If the PA successfully breaks the trendline and then the neckline, it would be convenient to execute the trade.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.