Solana’s [SOL] falling wedge breakdown reignited its near-term bearish inclinations. Thus, the alt fell below the 20 EMA (red) and the 50 EMA (cyan) while forming a bearish setup in the 4-hour timeframe. Alongside the 61.8 Fibonacci support, the two-month trendline support (white, dashed) cushioned the recent retracements. Any break below the current pattern can […]
![Solana [SOL] traders can leverage this pattern to their benefit](https://images.cryptocompare.com/news/default/ambcrypto.png "Solana [SOL] traders can leverage this pattern to their benefit")
