Solana: Short term looks weak

22 ก.ย. 2023

In the short term, Solana appears to be exhibiting weakness, and we anticipate a test of the 100 SMA at 19.18. It is crucial for the significant level of 19.22 to hold in order to initiate an upward trend. This, of course, is contingent on the overall market performance, particularly BTC.
If your intention is to engage in a short-term scalp, consider a short position. However, if you prefer a more conservative approach, it may be advisable to maintain your current position and observe market conditions.