SOL is extremely undervalued in an intraday perspective.
Price action has broken underneath the KC and is working its way back into the channel. This is a sign of a pullback or potential reversal.
RSI is extremely low and the RSI line is about to cross over the EMA line, which is a bullish signal.
MACD and TSI is starting to converge, another sign of a pullback and potential reversal signal, if they cross and diverge.
Price action has consolidated and we've established a floor around 79.00 I may add onto this position as time goes on.
We will retest into our Ichimoku Cloud over the next couple days.