DU09

SOL/USD - Back to $20 and there is nothing you can do about it!

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BINANCE:SOLUSDT   SOL / TetherUS
Solana's "exciting" breakout turned into an unexciting fakeout.

With the price failing to move above the key resistance, bears took over and are now in charge.

For this reason I expect the price to revisit $20 before any hope of reversal is had.

I am also not very confident on the $20 support, but we need to wait for the price to land there to assess if that will hold or not.

Indicators also show a bearish divergence, just check the RSI. Volume also in red in the past three days.

Bias is bearish on this price action. Let me know what you think?

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