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Solana

SOL / USD Consolidation

By Eclipse_Trading
Updated
Neutral consolidation for a week heading into major economic data. Any sort of risk-on response from the overall market could lead to significant upside. However a breakdown could flush out a lot of bulls in quick fashion.

Upwards price targets of: 151, 158, 163, and 184+

Downwards price targets: 134, 110, 104
Trade active
First breakout attempt, needs to hold to continue
Trade active
151 pt hit
Trade active
161 should be a trim as it appears to be stalling out just short of the 163 pt
Trade closed: target reached
SOL well over 200 at this point. Incredible finds.
consolidation-breakoutcryptoriskoffriskonSOLsolanaSOLUSDsolusdtTrend Analysis
Eclipse_Trading

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